Montana Code 28-11-214. Guarantor not exonerated by discharge of principal
Current as of: 2023 | Check for updates
|
Other versions
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.
Terms Used In Montana Code 28-11-214
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC