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California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 13 — Suretyship, Article 5 — Continuing Guaranty, Section 2814

A guaranty relating to a future liability of the principal, under successive transactions, which either continue his liability or from time to time renew it after it has been satisfied, is called a continuing guaranty.

Notes

Defines A guaranty relating to a future liability of the principal, under successive transactions, which either continue his liability or from time to time renew it after it has been satisfied, as called a continuing guaranty. Limits that definition to the conditions stated in a guaranty relating to a future liability of the principal, under successive transactions.

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Lexinter.net | California Code, Civil Code - CIV § 2814 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-13/article-5/section-2814

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