§ 2-8. Guarantors and co-debtors can raise objections
Machine-translated from Norwegian. The Norwegian text is the one that applies. Read the original in Norwegian.Norsk English العربية Polski Українська
The text of the law (unofficial translation)
§ 2-8. Objections from the guarantor and co-debtor
What does this mean?
The section protects consumers who step in for others as a guarantor (kausjonist) (a guarantor for someone else's debt) or who are a co-debtor. Contract terms that take away their right to raise objections or counterclaims arising from the credit agreement are invalid, unless another law says otherwise.
The rule is connected to § 2-7, under which the consumer can raise objections arising from the purchase against the lender (kredittyter), and to § 2-11, which gives the debtor (skyldner) and the guarantor confirmation when the claim has been paid or has lapsed. It is in Chapter 2 on payment settlement.