When guarantor of payment or performance becomes liable

  1. Law
  2. Montana Code Annotated
  3. Contracts and Other Obligations
  4. Guaranty, Indemnity, and Suretyship
  5. Guaranty -- Liability and Exoneration of Guarantor
  6. When guarantor of payment or performance becomes liable

Checkout our iOS App for a better way to browser and research.

28-11-205. When guarantor of payment or performance becomes liable. A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.

History: En. Sec. 3631, Civ. C. 1895; re-en. Sec. 5667, Rev. C. 1907; re-en. Sec. 8182, R.C.M. 1921; Cal. Civ. C. Sec. 2807; Field Civ. C. Sec. 1545; re-en. Sec. 8182, R.C.M. 1935; R.C.M. 1947, 30-202.


Download our app to see the most-to-date content.