time for fulfilling the principal obligation, while recognized by two existing codes civil, is rejected by the majority of them. A revocation of the contract of suretyship by act of the parties, or in certain cases by the death of the surety, may also operate to discharge the surety. The death of a surety does not per se determine the guarantee, but, save where from its nature the guarantee is irrevocable by the surety himself, it can be revoked by express notice after his death, or by the creditor becoming receiving constructive notice of the death; except where, under the testator's will, the executor has the option of continuing the guarantee, in which case the executor should specifically withdraw the guarantee in order to terminate it. If one of a number of joint and several sureties dies, the future liability of the survivors continues, at least until it has been terminated by express notice. In such a case, however, the estate of the deceased surety would be relieved from liability. The statute of limitations may bar the right of action on guarantees subject to variation by statute in any U.S. state where the guarantee is sought to be enforced. See also Bank guarantee Job guarantee Money back guarantee Service guarantee References External links Australian Contract Law Uniform Commercial Code (United States Contract Law) Principles of European Contract Law LexisNexis Capsule Summary: Contracts Contract law Legal terminology