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Cap. 16 · Civil Code (Cap. 16)

Cap. 16 чл. 1932Where surety becomes insolvent.

Sub-title I

В силаОфициален текст

(1) When a surety accepted by the creditor, whether voluntarily or by order of the court, afterwards becomes insolvent, the debtor must produce another.

(2) An exception to this rule is made only where the surety has been given in virtue of a covenant by which the creditor has required that particular person as surety.