Article 361. Basis for the emergence of a surety

1. Under the sponsorship contract, the guarantor is obliged to the creditor of another person to be responsible for the performance of the latter ' s obligation in whole or in part. 2. Sponsorship may arise by virtue of the law on the occurrence of an offensive or an obligation that will arise in the future. 3. The rules of this Code on sponsorship by contract shall apply to a surety arising under the law, unless otherwise provided by law. 3. property relating to the underlying obligation is deemed to be agreed if the contract of sponsorship contains a reference to the contract from which the secured obligation arose or arises in the future The contract of sponsorship under which the person conducting the business is the guarantor may state that the surety provides all existing and (or) ) the debtor’s future obligations to the creditor up to a certain amount.