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 28-11-212 - Rescission of alteration - liability not restored

Mont. Code § 28-11-212

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Current through the 2023 Regular Session
Section 28-11-212 - Rescission of alteration - liability not restored

The rescission of an agreement altering the original obligation of a debtor or impairing the remedy of a creditor does not restore the liability of a guarantor who has been exonerated by such agreement.

§ 28-11-212, MCA

En. Sec. 3652, Civ. C. 1895; re-en. Sec. 5675, Rev. C. 1907; re-en. Sec. 8190, R.C.M. 1921; Cal. Civ. C. Sec. 2821; Field Civ. C. Sec. 1553; re-en. Sec. 8190, R.C.M. 1935; R.C.M. 1947, 30-210.