Montana § 28-11-206 Liability Upon Guaranty Of Conditional Obligation -- Notice Of Default

Montana Statutes

§ 28-11-206 — Liability Upon Guaranty Of Conditional Obligation -- Notice Of Default

Montana § 28-11-206

Title 28CONTRACTS AND OTHER OBLIGATIONS

Ch. 11GUARANTY, INDEMNITY, AND SURETYSHIP

Part 2Guaranty -- Liability and Exoneration of Guarantor

This text of Montana § 28-11-206 (Liability Upon Guaranty Of Conditional Obligation -- Notice Of Default) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 28-11-206 (2026).

Text

28-11-206 . Liability upon guaranty of conditional obligation -- notice of default. If a person guarantees a conditional obligation, the person's liability is commensurate with that of the principal and the person is not entitled to notice of the default of the principal unless the person is unable, by the exercise of reasonable diligence, to acquire information of the default and the creditor has actual notice of the default.

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28-11-206 . Liability upon guaranty of conditional obligation -- notice of default. If a person guarantees a conditional obligation, the person's liability is commensurate with that of the principal and the person is not entitled to notice of the default of the principal unless the person is unable, by the exercise of reasonable diligence, to acquire information of the default and the creditor has actual notice of the default.

Legislative History

En. Sec. 3632, Civ. C. 1895; re-en. Sec. 5668, Rev. C. 1907; re-en. Sec. 8183, R.C.M. 1921; Cal. Civ. C. Sec. 2808; Field Civ. C. Sec 1546; re-en. Sec. 8183, R.C.M. 1935; R.C.M. 1947, 30-203; amd. Sec. 822, Ch. 56, L. 2009.