A surety-bond shall be a contract whereby the surety undertakes, andthe creditor accepts, to
discharge an existing or future debt contracted by the debtor in the event of the latter failing to
do so.
This undertaking may be in the absence of any order by the debtor.
Section 1
Formation of a Surety-bond
Official translation
Spot-checked
In force from 15 December 2010
Source page 9