Book3 Title09 Chapter02 Part01

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 IX. Loan.

Chapter II. Loan for Consumption.

Section 716.

• A contract of loan for consumption is a contract whereby a person called the lender, agrees to transfer the ownership and possession of property to another person, called the borrower, with or without remuneration, and the borrower agrees to return property of the same kind, quality and quantity.

《Genealogies》

1. Draft of 1919: Ob.648
2. Code of January 1925: 650(I)
3. Code of January 1929: 650(I)

Section 717.

• A contract of loan for consumption is complete only on delivery of the property lent.

《Genealogies》

1. Draft of 1919: Ob.649
2. Code of January 1925: 650(II)
3. Code of January 1929: 650(II)

Section 718.

• Costs of the contract, costs of delivery of the property lent and costs of return must be borne by the borrower.

《Genealogies》

1. Draft of 1919: Ob.650
2. Code of January 1925: 651
3. Code of January 1929: 651

Section 719.

• Delivery of the property lent is governed by the provisions of this Code concerning sale.

《Genealogies》

1. Draft of 1919: Ob.651
2. Code of January 1925: -
3. Code of January 1929: -

Section 720.

• If no time for return of the property lent has been fixed, the lender may give notice to the borrower to return the property within a reasonable time to be fixed in the notice.

《Genealogies》

1. Draft of 1919: Ob.652
2. Code of January 1925: 652
3. Code of January 1929: 652