Lex Cameroon

Acte uniforme révisé portant organisation des sûretés › Title 1 › Chapter 1

SECTION 32

A surety who has settled the debt may also institute an action against the principal debtor in recovery of the money paid as principal debt, interest and all the costs he incurred since he notified the said debtor of the proceedings instituted by the creditor. He may also claim compensation for the damages suffered as a result of the action instituted against him by the creditor. Where only a part of the debt was secured preference may not be given to the creditor for the outstanding amount over a surety who paid and acted by virtue of his personal action. Any contrary clause shall be disregarded.
Official translation Spot-checked In force from 15 December 2010 Source page 13

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 32 of the Acte uniforme révisé portant organisation des sûretés /akn/ohada/act/loi/undated/aus-2010
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