Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles

طباعة
 


Article 412
Starting Date: 01/01/1971

Drawer, acceptor, endorser and the original guarantor are jointly responsible towards its holders and the later may appeal to them jointly or in parts irrespective of any sequence. This right is confirmed for every signatory on the PN who repaid its amount for the relevant people. Knowing that any case filed against any one of the obligors shall not prevent from appealing to others, even if their commitment was after the one who was firstly sued..

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