131: Revocation of continuing guarantee by surety’s death
The Contract Act · Federal Acts · Chapter VIII · in_force
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The death of the surety operates, in the absence of any contract to the contrary, as a revocation of a continuing guarantee, so far as regards future transactions.
Related sections
130: Revocation of continuing guarantee132: Liability of two persons primarily liable, not affected by arrangement between them that on129: “Continuing guarantee”133: Discharge of surety by variance in terms of contract128: Surety’s liability134: Discharge of surety by release or discharge of principal debtor
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