§ 15-327. Terms implied where principal contract is not completed.  


Latest version.
  • In a guaranty of a contract, the terms of which are not then settled, it is implied that its terms shall be such as will not expose the guarantor to greater risks than he would incur under those terms which are most common, in similar contracts, at the place where the principal contract is to be performed.

R.L.1910, § 1032.