28-11-216. Effect of part performance on guarantor's liability.
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/mt/title-28/chapter-11/part-2/28-11-216·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
28-11-216 . Effect of part performance on guarantor's liability. The acceptance by a creditor of anything in partial satisfaction of an obligation reduces the obligation of a guarantor thereof in the same measure as that of the principal but does not otherwise affect it.