Montana Code 28-11-413. Effect of performance or offer of performance on surety’s liability
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28-11-413. Effect of performance or offer of performance on surety’s liability. Performance of the principal obligation or an offer of such performance, duly made as provided in this code, exonerates a surety.
Terms Used In Montana Code 28-11-413
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.