A party who agrees to be responsible for the payment of another party’s debts should that party default. Source: OCC
Federal Law
means any person, other than the owner or operator, who provides evidence of financial responsibility for an owner or operator under this chapter 42 USC 9601
means any person, other than the owner or operator, who provides evidence of financial responsibility for an owner or operator under this subsection 42 USC 6991b
State Law
Arizona
means a person, other than an owner or operator, who provides evidence of financial responsibility for an owner or operator pursuant to this chapter Arizona Laws 49-1001
California
means a person who guarantees the obligation of a consumer under a consumer contract by signing a consumer contract guaranty California Civil Code 1799.201
means the person or persons guaranteeing the payment of bonds, the repurchase thereof, or the payment or repurchase of any interest therein California Government Code 5102
Florida
means a person that agrees in writing, or that holds itself out to the public as agreeing, to pay the indebtedness of another when due, including, without limitation, payments of principal and interest on a bond, debenture, note, or other evidence of indebtedness, without resort by the holder to any other obligor, whether or not such writing expressly states that the person signing is signing as a guarantor Florida Statutes 517.021
means any person, other than the owner or operator, who provides evidence of financial responsibility for an owner or operator under this part Florida Statutes 403.703
Michigan
means a person that agrees to be responsible for labeling, information, guarantees, and claims Michigan Laws 287.523
North Carolina
means a person within the same holding company system who controls the applicant, whose financial statement is used by the applicant to become a self-insurer under the Act, and who has guaranteed the payment of the self-insurer’s liability under the Act North Carolina General Statutes 97-165
Virginia
means any person whose name appears on the label of a commercial feed Virginia Code 3.2-4800
means the person whose name appears on the label Virginia Code 3.2-4000
means the person whose name appears on the label of a regulated product Virginia Code 3.2-3600