Statutes, codes, and regulations
Montana Code
Title 28 - CONTRACTS AND OTHER OBLIGATIONSChapter 11 - GUARANTY, INDEMNITY, AND SURETYSHIP
Part 2 - GUARANTY - LIABILITY AND EXONERATION OF GUARANTOR
Section 28-11-202 - Liability under guaranty of incomplete contract

Mont. Code § 28-11-202

Download
PDF
Current through the 2023 Regular Session
Section 28-11-202 - Liability under guaranty of incomplete contract

In a guaranty of a contract the terms of which are not then settled, it is implied that the guaranty's terms will not expose the guarantor to greater risks than the guarantor would incur under those terms that are most common in similar contracts at the place where the principal contract is to be performed.

§ 28-11-202, MCA

En. Sec. 3620, Civ. C. 1895; re-en. Sec. 5662, Rev. C. 1907; re-en. Sec. 8177, R.C.M. 1921; Cal. Civ. C. Sec. 2799; Field. Civ. C. Sec. 1540; re-en. Sec. 8177, R.C.M. 1935; R.C.M. 1947, 30-107; amd. Sec. 820, Ch. 56, L. 2009.