Section 131Central Act

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.

Sec 130 — Revocation of continuing guarantee.

Sec 132 — Liability of two persons, primarily liable, not affected by arrangement between them that one shall be surety on others default.

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