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.
Mass. Gen. Laws ch. 140D, § 24
Guaranty of obligations of other persons; notice of additional obligations
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.