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 28-11-205 - When guarantor of payment or performance becomes liable

Mont. Code § 28-11-205

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Current through the 2023 Regular Session
Section 28-11-205 - When guarantor of payment or performance becomes liable

A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.

§ 28-11-205, MCA

En. Sec. 3631, Civ. C. 1895; re-en. Sec. 5667, Rev. C. 1907; re-en. Sec. 8182, R.C.M. 1921; Cal. Civ. C. Sec. 2807; Field Civ. C. Sec. 1545; re-en. Sec. 8182, R.C.M. 1935; R.C.M. 1947, 30-202.