(815 ILCS 115/6)
Sec. 6.
Guarantor liability.
When a guarantor has agreed in writing that
the guarantor is not released by a judgement, settlement, release, or other
discharge of indebtedness of the primary obligor, other guarantor, or third
party liable on the indebtedness, then the judgment, settlement, release, or
other
discharge of indebtedness of the primary obligor, other guarantor, or third
party liable on the indebtedness shall not release or limit the claim on the
indebtedness, or cause the forfeiture, discharge, or extinction of the claim
on the indebtedness, against the guarantor, provided that the
plaintiff shall not be entitled to more than full satisfaction of his, her, or
its claim.
(Source: P.A. 90-321, eff. 8-1-97.)
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