Montana § 28-11-216 Effect Of Part Performance On Guarantor's Liability

Montana Statutes

§ 28-11-216 — Effect Of Part Performance On Guarantor's Liability

Montana § 28-11-216

Title 28CONTRACTS AND OTHER OBLIGATIONS

Ch. 11GUARANTY, INDEMNITY, AND SURETYSHIP

Part 2Guaranty -- Liability and Exoneration of Guarantor

This text of Montana § 28-11-216 (Effect Of Part Performance On Guarantor's Liability) 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. § 28-11-216 (2026).

Text

28-11-216 . Effect of part performance on guarantor's liability. The acceptance by a creditor of anything in partial satisfaction of an obligation reduces the obligation of a guarantor thereof in the same measure as that of the principal but does not otherwise affect it.

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Legislative History

En. Sec. 3653, Civ. C. 1895; re-en. Sec. 5676, Rev. C. 1907; re-en. Sec. 8191, R.C.M. 1921; Cal. Civ. C. Sec. 2822; Field Civ. C. Sec. 1554; re-en. Sec. 8191, R.C.M. 1935; R.C.M. 1947, 30-211.