Any surety or counter surety may in relation to the debt raise the issues which the principal
debtor would have raised to reduce, set-off, or defer the said debt subject to the provisions of
Articles 17 and 23(3) and (4) of this Uniform Act and the special provisions of the Uniform Act
on collective proceedings for the wiping off debts.
A surety shall be discharged when the subrogation to the rights and guarantees of the creditor
no longer operates in his interest through the fault of the creditor. Any contrary clause shall be
disregarded.
Where the fault attributed to the creditor limits solely the said subrogation, the liability of the
surety shall be limitedto the same extent.
Official translation
Spot-checked
In force from 15 December 2010
Source page 13