Revised Rules of Turkish Code of Obligations on Formal Requirements of Contract of Surety
Öz
Many substantial changes have been introduced with the new Code of Obligations, dated 2012. Contact of surety, is surely one of which that has been subject to notable revisions. The changes regarding the form present a revised form of contract of surety. The revised rule of formal requirements have been regulated under Art. 583 of the Code of Obligations. Art. 583 provides stricter rules to the formal requirements of validity of a contract of surety. Contract of surety is to be contracted in written form. However, three particular points that should be declared in handwriting have been introduced to the formal requirements. The total amount of liability of the surety, a declaration of the contract date and the existence of solidary intent, when there may be one, must be declared in handwriting of the surety on the form. Legislators, in order to protect the surety, have provided for these stricter requirements of form. The aim is to enable the surety to consider at length and to have a better understanding of the liability that he/she is going under.
Anahtar Kelimeler
Kaynakça
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Ayrıntılar
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Türkiye
Yayımlanma Tarihi
12 Aralık 2016
Gönderilme Tarihi
12 Aralık 2016
Kabul Tarihi
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Yayımlandığı Sayı
Yıl 2016 Cilt: 48 Sayı: 65