Montana § 28-11-108 - Continuing Guaranty -- Definition -- Revocation
Full text of Montana Montana Code Annotated § 28-11-108 — Continuing Guaranty -- Definition -- Revocation, with citation guidance and answers to common questions.
§ 28-11-108. Continuing Guaranty -- Definition -- Revocation
Continuing guaranty -- definition -- revocation. (1) A guaranty relating to a future liability of the principal under successive transactions that either continue the principal's liability or from time to time renew it after it has been satisfied is called a continuing guaranty. (2) A continuing guaranty may be revoked at any time by the guarantor in respect to future transactions unless there is a continuing consideration as to the transactions that the guarantor does not renounce.
Frequently Asked Questions About Montana § 28-11-108
What does Montana Code Annotated § 28-11-108 cover?
Section 28-11-108 ("Continuing Guaranty -- Definition -- Revocation") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 28-11-108?
A common citation format is "Montana Code Annotated § 28-11-108" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 28-11-108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.