Article 367: Termination of sponsorship

1. The sponsorship shall terminate with the termination of the obligation secured by the debtor. The requirement of the guarantor under the law does not cease to be a surety. If there are several obligations between the debtor and the creditor, only one of which is secured and the debtor has not indicated which of them will be bound, 2. If the secured obligation has been modified without the guarantor ' s consent, it shall be deemed to have fulfilled an unsecured obligation. The guarantor shall meet the same conditions as before, and may provide for prior agreement. If the obligation to answer to the creditor is modified, such consent should include limits on the guarantor ' s acceptance of the debtor ' s obligations. 3. The sponsorship shall cease with the transfer to another person of the secured obligation if the sponsor does not, within a reasonable time after notification of the transfer of the debt has been given to him or her The guarantor ' s consent to be held responsible for the new debtor should be explicit and should allow for the identification of the persons on whom the debt is transferred. 4. The death of the debtor, reorganization of the legal entity of the debtor shall not cease the sponsorship. 5. The sponsorship shall cease if the creditor has refused to accept the proper execution, 6. The sponsorship shall cease upon expiry of the period of time for which it is granted as specified in the contract. and provided that the creditor, within one year of the date of the performance of the secured obligation, will not bring a claim against the guarantor. and cannot be determined or determined when the claim is made, the surety shall cease unless the creditor brings an action against the guarantor within two years from the date of the conclusion of the contract.c The creditor ' s submission to the debtor of an early performance claim does not reduce the period of effectiveness of a surety based on the original terms of the underlying obligations. a.