§ 1007.60. Liability under guarantee.
39 words·~1 min read·
/us/cfr/t24/s§ 1007.60·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The liability under a guarantee provided under this section shall decrease or increase on a pro rata basis according to any decrease or increase in the amount of the unpaid obligation under the provisions of the loan agreement involved.