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 28-11-201 - Obligation of guarantor not to exceed that of principal

Mont. Code § 28-11-201

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Current through the 2023 Regular Session
Section 28-11-201 - Obligation of guarantor not to exceed that of principal

The obligation of a guarantor must be neither larger in amount nor in other respects more burdensome than that of the principal, and if in its terms it exceeds it, it is reducible in proportion to the principal obligation.

§ 28-11-201, MCA

En. Sec. 3633, Civ. C. 1895; re-en. Sec. 5669, Rev. C. 1907; re-en. Sec. 8184, R.C.M. 1921; Cal. Civ. C. Sec. 2809; Field Civ. C. Sec. 1547; re-en. Sec. 8184, R.C.M. 1935; R.C.M. 1947, 30-204.