220 Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations)

220 Loi fédérale du 30 mars 1911 complétant le code civil suisse (Livre cinquième: Droit des obligations)

Art. 499 a. Scope of liability

1 In all cases, the surety’s liability is limited to the maximum amount indicated in the surety bond.

2 Unless otherwise agreed, he is liable up to this limit for:

1.
the amount of the principal obligation, including the legal consequences of any fault or default on the part of the principal debtor, but not for damage resulting from the extinction of the contract and any contractual penalty unless this was expressly agreed;
2.
the costs of debt enforcement proceedings and legal action brought against the principal debtor, provided that the surety was given timely opportunity to avoid them by satisfying the creditor, and, where applicable, for the costs of delivering pledges and transferring liens;
3.
interest at the contractually agreed rate up to a maximum of the interest payable for the current year and the previous year or, where applicable, for the annual payments due for the current year and the previous year.

3 Unless otherwise provided by the contract or dictated by the circumstances, the surety is liable only for the principal debtor’s obligations arising after the contract of surety was concluded.

Art. 498 4. Certificateur de caution et arrière-caution

1 Le certificateur de caution, qui garantit à l’égard du créancier l’engagement de la caution, est tenu, avec celle-ci, de la même manière qu’une caution simple avec le débiteur.

2 L’arrière-caution est garante envers la caution qui a payé du recours appartenant à celle-ci contre le débiteur.

 

This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.
Ceci n’est pas une publication officielle. Seule la publication opérée par la Chancellerie fédérale fait foi. Ordonnance sur les publications officielles, OPubl.