Continuing Guaranty
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A guaranty limited as to amount but not limited as to time will in general be construed as a continuing guaranty unless the circumstances A guaranty which merely limits the amount of the guarantor's liability, without limiting the amount of credit which may be extended to the principal under the guaranty is a continuing guaranty.
145 111. 496.