Guarantor not exonerated by discharge of principal

  1. Law
  2. Montana Code Annotated
  3. Contracts and Other Obligations
  4. Guaranty, Indemnity, and Suretyship
  5. Guaranty -- Liability and Exoneration of Guarantor
  6. Guarantor not exonerated by discharge of principal

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28-11-214. Guarantor not exonerated by discharge of principal. A guarantor is not exonerated by the discharge of the guarantor's principal by operation of law without the intervention or omission of the creditor.

History: En. Sec. 3656, Civ. C. 1895; re-en. Sec. 5679, Rev. C. 1907; re-en. Sec. 8194, R.C.M. 1921; Cal. Civ. C. Sec. 2825; Field Civ. C. Sec. 1557; re-en. Sec. 8194, R.C.M. 1935; R.C.M. 1947, 30-214; amd. Sec. 824, Ch. 56, L. 2009.


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