Question
A continuing guarantee may at any time be revoked by the
surety_____________Solution
Special Contract Section 130.Revocation of continuing guarantee—A continuing guarantee may at any time be revoked by the surety, as to future transactions, by notice to the creditor. Section 131.Revocation of continuing guarantee by surety’s death—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.
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