Montana Code 28-11-102. Knowledge or consent of principal not required
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28-11-102. Knowledge or consent of principal not required. A person may become guarantor even without the knowledge or consent of the principal.
Terms Used In Montana Code 28-11-102
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201