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The Contract Act, 1872

Section 131Revocation of continuing guarantee by surety's death

In forceChapter VIII OF INDEMNITY AND GUARANTEE

Chapter VIII OF INDEMNITY AND GUARANTEE

s. 131

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.

End of s. 131.

Read the contents: The Contract Act, 1872