27 Rights of a guarantor against a co-guarantor

| Commentary

Guarantors may, by express agreement, determine in what proportions each shall contribute towards the common liability, with a view to avoiding complications with regard to the precise amount of each guarantor’s contribution1. In the absence of such express agreement, each solvent guarantor must contribute equally,

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisNexis or register for a free trial