GroundRules
18 GCA § 31404: Obligation Limited to Principals.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 1 - Third-Party Obligations
- Chapter 31: Guaranty
- ARTICLE 4: LIABILITY OF GUARANTORS
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.
Collected 2026-09-27T03:55:58Z. Source file · JSON