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Guaranty of obligations of other persons; notice of additional obligations

M.G.L. c. 140D, § 24
in effect
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c. 140D, § 24. Guaranty of obligations of other persons; notice of additional obligations Section 24. No person who executes a guaranty of the obligations of another in connection with an application by such other person for an open-end-credit plan or for an extension of credit other than an open-end-credit plan shall be liable as a result of such guaranty for an obligation not arising under such plan or extension of credit unless such person has been notified of such additional obligation in advance.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXX/Chapter140D/Section24Fetched: 10/20/2026

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