# The Indian Partnership Act, 1932, Section 38: Revocation of continuing guarantee by change in firm

- Act: The Indian Partnership Act, 1932 (Act 9 of 1932)
- Ministry: Ministry of Corporate Affairs
- Source URL: https://indiacode.ecourtsindia.com/partnership-act/section/38/

## Text

A continuing guarantee given to a firm, or to a third party in respect of the transactions of a firm, is, in the absence of agreement to the contrary, revoked as to future transactions from the date of any change in the constitution of the firm.

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