GroundRules
28-11-106: When notice of acceptance necessary to bind guarantor.
Where this section sits in the code
- TITLE 28. CONTRACTS AND OTHER OBLIGATIONS
- CHAPTER 11. GUARANTY, INDEMNITY, AND SURETYSHIP
- Part 1. Guaranty -- General Provisions
A mere offer of guaranty is not binding until notice of its acceptance is communicated by the guarantee to the guarantor, but an absolute guaranty is binding upon the guarantor without notice of acceptance.
Collected 2026-09-14T04:50:47Z. Source file · JSON