§15-332. Guarantor liable on default of principal without notice.
26 words·~1 min read·
/ok/title-15-contracts/15-332A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal, and without demand or notice. R.L.1910, § 1037.