note to be renewed until paid in full

A provision in a note for indefinite renewal, but not to be construed as meaning that the maker has as much time as he desires to make payment of the principal sum, he being entitled to one renewal for the period specified in the original note, with no right to a renewal thereafter. Riepl v Sardino, 262 Wis 670, 56 NW2d 493, 35 ALR2d 1087.

Ballentine's law dictionary. . 1998.

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