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Showing 7381–7390 of 60988 articles for “Art. II-2°”
The guarantor's obligation is extinguished by the same causes as other obligations. It is also extinguished as a result of the extinction of the guaranteed obligation.
When a guarantee of future debts terminates, the guarantor remains liable for debts arising previously, unless otherwise agreed.
The benefit of discussion allows the guarantor to oblige the creditor to sue the principal debtor first. Neither a guarantor held jointly and severally with the debtor, nor a guarantor who has waived…
If there is more than one guarantor, the one who paid has a personal claim and a subrogatory claim against the others, each for its share.
A guarantor of the balance of a current or deposit account may no longer be sued five years after the end of the guarantee.
The professional creditor is required to inform any guarantor who is a natural person of the principal debtor's default from the first payment incident not regularised within one month of the due date…
Where several persons have stood surety for the same debt, they are each liable for the whole. Nevertheless, the one who is being sued may set up the benefit of division against the creditor. The cred…
Within one month of receipt, the guarantor shall, at its own expense, communicate to the sub-guarantor natural person the information it has received pursuant to articles 2302 and 2303.
The guarantor's heirs are only liable for debts arising before the death. Any clause to the contrary is deemed unwritten.
A simple extension of the term, granted by the creditor to the principal debtor, does not discharge the guarantor. When the initial term has expired, the guarantor may either pay the creditor and take…
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