This clause of the statute is discussed more at length in the chapter on suretyship. |
And when I was wived, having something to stick to, I had the horn of suretyship ever before my eyes. |
This concept of security raises a harmonization issue with the Quebec civil law concept of suretyship. |
In modern times suretyship or guaranty has come to be undertaken by business corporations organized for that purpose. |
Attempts to perform such acts of suretyship are beyond their power, and are ultra vires. |
Thus, the court associated a suretyship with a letter of credit, but did not provide more detailed explanations. |