Guarantor Not Released by Mistake as to Principal Debtor's Marital Status
Synthèse Legislator
Généré par l'IAAn individual who signed a promissory note as a guarantor, believing the principal debtor was legally married when, in fact, the marriage was void due to a prior undissolved marriage, could not later use this mistake regarding the principal debtor's marital status as a basis to void their guarantee obligation, because the fundamental basis of the guarantee—the principal debt—remained valid and the mistake concerned a collateral matter not essential to the guarantor's consent to be bound.
Regeste Legislator
Généré par l'IAGuarantor Not Released by Mistake as to Principal Debtor's Marital Status: An individual who signed a promissory note as a guarantor, believing the principal debtor was legally married when, in fact, the marriage was void due to a prior undissolved marriage, could not later use this mistake regarding the principal debtor's marital status as a basis to void their guarantee obligation, because the fundamental basis of the guarantee—the principal debt—remained valid and the mistake concerned a collateral matter not essential to the guarantor's consent to be bound.