Internal Law 2 Private law - Administration of civil justice - Enforcement 22 Code of Obligations
Droit interne 2 Droit privé - Procédure civile - Exécution 22 Code des obligations

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)

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Art. 507 aa. In general

1 The surety is subrogated to the creditor’s rights to the extent that he has satisfied him. The surety may exercise these as soon as the obligation falls due.

2 However, unless otherwise agreed, he is subrogated only to those liens and other securities which had been furnished when the contract of surety was concluded or were subsequently obtained from the principal debtor for the specific purpose of securing the claim. If on paying only part of the debt the surety is subrogated to only part of a lien, the part remaining with the creditor takes precedence over that of the surety.

3 Special claims and defences arising from the legal relationship between the surety and the principal debtor are reserved.

4 Where a pledge securing a claim under surety is realised or the owner of the pledge pays voluntarily, he may only have recourse against the surety for such payment where an agreement to this effect was reached between the pledgor and the surety or the pledge was given subsequently by a third party.

5 The prescriptive period for the surety’s right of recourse commences on satisfaction of the creditor by the surety.

6 The surety has no right of recourse against the principal debtor for payment of any obligation that is not actionable or not binding on the principal debtor as a result of error or incapacity to make a contract. However, if he has assumed liability for a time-barred obligation at the behest of the principal debtor, the latter is liable to him pursuant to the provisions governing mandates.

Art. 506 a. Droit à des sûretés et à la libération

La caution peut requérir des sûretés du débiteur et, si la dette est exigible, réclamer sa libération:

1.
lorsque le débiteur contrevient aux engagements qu’il a pris envers elle, notamment à sa promesse de la faire libérer dans un délai donné;
2.
lorsqu’il est en demeure ou ne peut être recherché que dans des conditions sensiblement plus difficiles parce qu’il a transféré son domicile dans un autre État;
3.
lorsque, en raison des pertes qu’il a subies, ou de la diminution de la valeur de sûretés, ou encore d’une faute par lui commise, la caution court des risques sensiblement plus grands qu’au moment où elle s’est engagée.
 

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.