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


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Art. 498

4. Col­lat­er­al surety and counter-surety

 

1 A col­lat­er­al surety who stands surety to the cred­it­or for per­form­ance of the ob­lig­a­tion as­sumed by the primary surety is li­able to­geth­er with the lat­ter in the same way as a simple surety is li­able with the prin­cip­al debt­or.

2 A counter-surety stands surety for the right of re­course against the debt­or ac­cru­ing to the primary surety who hon­ours his com­mit­ment.

 

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