The death of the lender terminates all indefinite loans or loans at will or pleasure. It does not terminate a loan for a definite time. The death of the borrower terminates all loans to him.
Section: Previous 44-12-110 44-12-111 44-12-112 44-12-113 44-12-114 44-12-115 44-12-116 44-12-117 44-12-118 44-12-119 44-12-120Last modified: October 14, 2016