TypeBare Act JurisdictionCentral Government Enacted1872

Contract Act, 1872 Section 131

REVOCATION OF CONTINUING GUARANTEE BY SURETY'S DEATH The death of the surety operates, in the absence of any contract

Section Text

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.