If a person stands surety for an immediately due debt by a deferred suretyship, the debt shall be deferred in respect of both the surety and the principal debtor, unless the surety limits the deferment to themselves or the creditor stipulates the deferment for the surety, in which case the debt shall not be deferred in respect of the principal debtor.
Interpretation and application must be checked against the official text and current version.
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