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Art. 508

220COFederal ActJan 1, 1912Original source
  1. Where the surety pays the principal obligation in full or in part, he must notify the principal debtor.
  2. If he fails to do so and the principal debtor pays it again because he was not and could not be expected to be aware of the surety’s payment, the surety forfeits his right of recourse against the principal debtor.
  3. This does not affect any claim against the creditor for unjust enrichment.

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