A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal, and without demand or notice. SOURCE: CC § 2807.
Liability, Guaranty of Payment
18 GCA § 31402 — under Guaranty.
18 GCA § 31402
18 GCA § 31402 — under Guaranty.
18 GCA § 31402
A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal, and without demand or notice. SOURCE: CC § 2807.