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Studies in Ancient Hindu Polity (Based on the Arthashastra of Kautilya), Vol. I c14.s3.29

Studies in Ancient Hindu Polity (Based on the Arthaśāstra of Kauṭilya), Vol. I c14.s3.29

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c14.s3.29

The rules as to surety for payment of a debt are: A minor cannot stand as surety. If there be no restrictions in the contract of surety as to time or place, it shall be borne by the sons, grandsons, or any persons inheriting the property of the deceased surety in case the debt be not paid by the debtor. They have also to bear the liability of the deceased person as surety in regard to (i) personal services, (ii) marriage-dowry, and (iii) transactions concerning immoveable property.