Section 566
Relation Between The Surety And The Principal Debtor
(1) The
surety shall cause the principal debtor to repay the loan or discharge
the obligation according to the contract.
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(2) If the principal debtor has given any property or
security to the surety for the guarantee given by him or her while
borrowing a loan or promising the obligation, the surety shall not
pledge, mortgage, sell or otherwise transfer the title to such
property or security without the consent of the principal debtor.
(3) If a guarantee is given for any loan or obligation
borrowed or promised for any specific purpose, the object, nature or
terms and conditions of that loan or obligation shall not be altered
without the consent of the surety.
(4) Notwithstanding anything contained elsewhere in this
Section, if the contract otherwise provides in relation to the surety
and the principal debtor, such provision shall be applicable.