§15-330. Removal from state deemed equivalent to insolvency.
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/ok/title-15-contracts/15-330A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the cases mentioned in the second preceding section the removal of the principal from the State leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal, in its effect upon the rights and obligations of the guarantor. R.L.1910, § 1035.