Document Type
Article
Media Type
Text
Abstract
When a group of linked charitable organizations seeks financing, its lender must evaluate the likely enforceability of each member's guarantee of its affiliates' obligations using concepts which are very different from conventional analysis used for for-profit corporations. This Article discusses applicable law and suggests several approaches to the problem for lenders, borrowers, and their counsel.
First Page
499
Last Page
514
Publication Date
7-1-1989
Department
Other
ISSN
0734-1490
Language
eng
Publisher
Northern Illinois University Law Review
Recommended Citation
Wartman, Carl H.
(1989)
"Enforceability of Guarantees by Charitable Organizations,"
Northern Illinois University Law Review: Vol. 9:
Iss.
3, Article 2.
Suggested Citation
Carl H. Wartman, Enforceability of Guarantees by Charitable Organizations, 9 N. Ill. U. L. Rev. 499 (1989).
