Chiangmai Legal Counsellors, foreign law service, thailand law service FOREIGN LAW SERVICE - THAILAND LAW SERVICE
Chiang mai, Thailand
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Chiangmai Legal Counsellors, foreign law service, thailand law service We offer foreigners our complete thailand law services at very reasonable rates. We speak English and have a successful practice of foreign clients so please ask us any questions and compare our prices.

We work in all over Thailand and can assist you with all Law services.
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+668 1568 6865
Suretyship Agreement
 
 
Suretyship Agreement is stated that on the civil and commercail code are as follow :
Section 680 Suretyship is a contract whereby a third person, called the surety binds himself to a creditor to satisfy an obligation in the event that the debtor fails to perform it.
A contract of suretyship is not enforceable by action unless there be some written evidence signed by the surety.
Section 681 Suretyship can be given only for a valid obligation.
A future or conditional obligation may be secured for the event in which it would have effect.
An obligation, resulting from a contract which under mistake or incapacity does not bind the debtor, can be validly secured if the surety at the time when he binds himself knows such mistake or incapacity.
 
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Chiangmai Legal Counsellors
Office I : 128/58 Palm Springs Villege, Mahidol Road, Chiangmai 50000 THAILAND
Tel.+66 5324 6493, Fax.+66 5324 6493
Office II : 310/9 Moo 2 Outer Ring Road, Sanpranet, Sansai, Chiangmai 50000 THAILAND
Tel.+66 5312 6051
E-mail : lawyer@lawyerchiangmai.com, akarawath@sanook.com
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