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Cap. 16 · Civil Code (Cap. 16)

Cap. 16 ст. 1927Suretyship cannot exceed debt.

Sub-title I

ДействуетОфициальный текст

(1) Suretyship cannot exceed what is due by the debtor, nor be contracted under more onerous conditions.

(2) It may be contracted for a part only of the debt, and under less onerous conditions.

(3) The suretyship which exceeds the debt or is contracted under more onerous conditions shall only be valid to the extent of the principal obligation.