Section 1Written guarantee not to be invalid by reason that consideration does not appear in writing
Section 2Surety who discharges liability to be entitled to assignment of all securities held by creditor, and to stand in place of creditor
Section 3Short title

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Section 3

Short title

ActIn forceProvision 3 of 3

Section 3

This Act may be cited as the Mercantile Law Amendment Act 1856.

Parent legislation

Mercantile Law Amendment Act 1856

Nearby in this law

Section 1Written guarantee not to be invalid by reason that consideration does not appear in writing
Section 2Surety who discharges liability to be entitled to assignment of all securities held by creditor, and to stand in place of creditor
Section 3Short title