1. If either the surety or the principal debtor assigns the creditor, in respect of the debt under surety or a part thereof, to another person by an assignment accepted by the assignee or the assigned party, the principal and the surety shall be discharged to the extent of such assignment. 2. If the assignment stipulates the discharge of the surety only, they alone shall be discharged, without discharging the principal.
Interpretation and application must be checked against the official text and current version.