18 Guam Code Ann. § 31607
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Terms Used In 18 Guam Code Ann. § 31607
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
A guarantor is not exonerated by the discharge of his principal by operation of law, without the intervention or omission of the creditor.
SOURCE: CC § 2825.
NOTE: No 1970 Civil Code Ԥ 2826-2830 existed.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 31 GUARANTY
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