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· 5/9/1994

Citizens & Southern National Bank of South Carolina v. Lanford

Citations

  • 443 S.E.2d 549
  • 313 S.C. 540
  • 25 U.C.C. Rep. Serv. 2d (West) 491
  • 1994 S.C. LEXIS 101

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the guarantor was not a party to the note and could not avail himself of defenses based on impairment of collateral
  • holding a guarantor is not a party to a note and cannot avail himself of defenses based on the note
  • \A guaranty of payment is an absolute or unconditional promise to pay a particular debt if it is not paid by the debtor at maturity.\
  • \The law does not impose a duty . . . to explain to an individual what he could learn from simply reading the document.\
  • “A guaranty of payment is an absolute or unconditional promise to pay a particular debt if it is not paid by the debtor at maturity.”
  • bank has no duty to explain to an individual what he could learn by simply reading the document

Source: CourtListener parenthetical corpus (CC0).

Judges: Finney, Chandler, Toal, Moore, Goolsby

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.