Book1 Division07 Title10 Chapter04

From Thai Codification Draft of 1919

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.

BOOK ON OBLIGATIONS.

DIVISION VII. SPECIFIC CONTRACTS.

TITLE X. Suretyship.

Chapter IV. Extinction of Suretyship.
Section 709.
  • When the obligation of the debtor is extinguished, the surety is discharged.

《Genealogies》

  1. Draft of April 1924: 776
  2. Code of January 1925: 698
Section 710.
  • [I] If suretyship has been given for a series of transactions, the surety can at any time determine the suretyship for the future by giving notice to the creditor to that effect.
  • [II] In such case, the surety is not liable for transactions one by the debtor after the notice has reached the creditor.

《Genealogies》

  1. Draft of April 1924: 777
  2. Code of January 1925: 699
Section 711.
  • [I] Suretyship given for the transaction of a registered partnership or limited partnership is extinguished for the future if the partnership changes its firm name.
  • [II] It is not extinguished by a change in the members or object of the partnership.

《Genealogies》

  1. Draft of April 1924: 778
  2. Code of January 1925: -
Section 712.
  • [I] If suretyship has been given for an obligation which is to be performed at a definite time, and the creditor grants to the debtor an extension of time, the surety is discharged.
  • [II] The surety is not discharged if he agreed to the extension of time or if the extension is granted by the Court.

《Genealogies》

  1. Draft of April 1924: 779
  2. Code of January 1925: 700
Section 713.
  • [I] The surety is entitled to tender performance of the obligation to the creditor from the time when performance is due.
  • [II] If the creditor refuses to accept performance, the surety is discharged.

《Genealogies》

  1. Draft of April 1924: 780
  2. Code of January 1925: 701