Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ A per­son who prom­ises to an­swer for the debt of an­oth­er as­sumes an ob­lig­a­tion to re­lease the debt­or from his ob­lig­a­tion either by sat­is­fy­ing the cred­it­or or by tak­ing the debt­or’s place with the con­sent of the cred­it­or.

² The debt­or may not com­pel per­form­ance of the ob­lig­a­tion by the party as­sum­ing the debt un­til the debt­or has dis­charged his ob­lig­a­tions un­der the debt as­sump­tion con­tract.

³ If the pre­vi­ous debt­or is not re­leased from his debt, he may re­quest that the new debt­or fur­nish se­cur­ity.