Explanation of Article 200
This article addresses the statement of "sources of joint liability among debtors," which is: that there is more than one debtor for a single debt, and the creditor has the right to demand any of them for the full debt.
The article stipulates that joint liability among debtors only occurs through agreement or statutory provision. For example, it is permissible to agree that the debtors are jointly liable, or it is permissible to have a statutory provision that the debtors are jointly liable.
It is worth noting that joint liability among debtors is not presumed; it must be stipulated or agreed upon. For instance, if there is more than one debtor for a single debt and joint liability is not stipulated among them, in this case, the debtors are not jointly liable, and the creditor does not have the right to demand any of them for the full debt.
This article is considered one of the most important articles related to the sources of joint liability among debtors, and it clarifies the impact of the sources of joint liability among debtors on the obligation.
Related To
Article 200
An obligation shall cease to exist if it is dependent upon a suspensive condition that makes its existence reliant on the sole discretion of the obligor.