A person who instructs another person to grant a third party a loan or financial accommodation in their own name and for their own account is liable as surety to the mandatary for the obligation of the third party arising from the loan or the financial accommodation.
Home› Civil Code & Private Law› BGB (EN)
Book 2 · Law of obligations › Title 20 · Suretyship › Section 778
Credit mandate
←→ also move between sections