special guaranty

A guaranty which names certain definite persons as obligees. 24 Am J1st Guar § 15. A guaranty limited to the person to whom it is addressed, usually contemplating a trust or reposing a confidence in that person. Tidioute Sav. Bank v Libbey, 101 Wis 193, 71 NW 182.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • special guaranty — n: a guaranty made to a specific person and enforceable only by that person Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • guaranty — guar·an·ty / gar ən tē, gär / n pl ties [Old French garantie, from garantir to guarantee, from garant warrant] 1: a pledge to pay another s debt or to perform another s duty in case of the other s default or inadequate performance compare letter… …   Law dictionary

  • guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary

  • guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary

  • guaranty — An undertaking or promise, on the part of one person called the guarantor, which is collateral to a primary or principal obligation on the part of another, and which binds the guarantor to performance in the event of nonperformance by such other… …   Ballentine's law dictionary

  • special — Relating to or designating a species, kind, individual, thing, or sort; designed for a particular purpose; confined to a particular purpose, object, person, or class. Unusual, extraordinary. as to special acceptance special administration special …   Black's law dictionary

  • special law — One relating to particular persons or things; one made for individual cases or for particular places or districts; one operating upon a selected class, rather than upon the public generally. A private law. A law is special when it is different… …   Black's law dictionary

  • Madison Guaranty — was a Little Rock, Arkansas financial trust company.Starting in 1982 and operated by Jim McDougal Susan McDougal Madison Guaranty Savings and Loan failed in the late 1980s. On April 14, 1997, Jim McDougal was convicted of 18 felony counts of… …   Wikipedia

  • National Organization Of Life And Health Insurance Guaranty Associations - NOLHGA — NOLHGA is a voluntary organization of U.S. life and health insurance guaranty associations. Founded in 1983, it covers policyholders when a multistate life or health insurance company fails. NOLHGA pays policyholders claims when an insolvent… …   Investment dictionary

  • Malolos Constitution — The Malolos Constitution was enacted on January 20, 1899 by the Philippine Malolos Congress, and established the First Philippine Republic. The original was written in Spanish, which became the first official language of the Philippines. Contents …   Wikipedia

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