Restatement of the Law Third,
Suretyship and Guaranty
This work is a comprehensive analysis of the doctrines, principles, and policies of suretyship law. It is the Institute’s first examination of the law of suretyship in more than half a century and addresses dramatic developments in this area as modern contract theory and the policies embodied in the Uniform Commercial Code have been embraced by courts and commentators. This volume supersedes Division II of the Restatement of Security (1941), the Institute’s previous treatment of the subject.