Article 881. Payment Guarantee.
1. A check payment can be guaranteed in full or in part by means of an aval. The guarantee of payment by check (aval) can be given by any person, except for the payer. 2. The aval is affixed on the face of the check or on an additional sheet by the inscription "take it for the aval" and an indication of who and for whom it was given. If it is not indicated for whom it is given, then it is considered that the aval is given for the drawer. Aval is signed by an avalist with an indication of his place of residence and the date of the inscription, and if the avalist is a legal entity, its location and the date of the inscription. 3. An avalist is liable in the same way as the one for whom he has given an aval. His obligation is valid even if the obligation that he guaranteed is void on any basis other than non-compliance with the form. 4. An avalist who has paid the check shall acquire rights arising from the check against the one for whom he has given a guarantee and against those who are obliged to the latter.
Links to other articles of chapter 46. Calculations: