special guaranty

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.

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