Book3 Title11 Chapter04
From Thai Codification Draft of 1924
DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM
BOOK III ON SPECIFIC CONTRACTS. (April 1924)
- Reconstructed from the Documents in Vols. 86, 87, 88, and 89 of “The Archives of the History of Thai Codification”.
- For the details, please, refer to the "Introductory Notes" to the "Reconstructed Book III on Specific Contracts".
TITLE XI. Suretyship.
Chapter IV. Extinction of Suretyship.
Section 776.
- When the obligation of the debtor is extinguished, the surety is discharged.
《Genealogies》
Section 777.
- [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》
Section 778.
- [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》
- Draft of 1919: Ob.711
- Code of January 1925: -
- Code of January 1929: -
Section 779.
- [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》
Section 780.
- [I] The surety <
is entitled to>[may] 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》
