Acceptance of Guaranty

18 GCA § 31204 — under Guaranty.

18 GCA § 31204

A mere offer to guarantee is not binding, until notice of its acceptance is communicated by the guarantee to the guarantor; but an absolute guaranty is binding upon the guarantor without notice of acceptance. SOURCE: CC § 2795. NOTE: No 1970 Civil Code '§ 2796-2798 existed.

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ARTICLE 3 INTERPRETATION OF GUARANTY