If there are two or more sureties and one pays more than its proportionate share of the debt, such surety has the right against the co-sureties known as: ______.

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The right that a surety has against its co-sureties when it pays more than its fair share of the debt is called contribution. This means that each co-surety is responsible for paying its proportionate share of the debt, and if one surety pays more, they have the right to demand that the other co-sureties contribute their share. Indemnity refers to a surety's right to be reimbursed by the debtor for any amounts paid to fulfill the debt. Exoneration occurs when a surety is released from its obligations due to a change in the terms of the agreement or the actions of the debtor. Subrogation refers to a surety's right to step into the shoes of the creditor and collect any amounts owed to them by the debtor after fulfilling the debt.

If There Are Two or More Sureties and One Pays