Libro III · Título Primero Capítulo VI. Del pagare
Article 490 Requirements
In addition to the provisions of article 386 of this Code, the promissory note shall contain:
1º.The unconditional promise to pay a determined sum of money.
2º.The name of the person to whom the payment is to be made.
Official Spanish text: OMPI (opens in a new tab). Read this article in Spanish
Article 491 Interest
In the promissory note, conventional interest may be established.
It may also be stipulated that the payment be made by means of successive amortizations.
Official Spanish text: OMPI (opens in a new tab). Read this article in Spanish
Article 492 Obligations of the maker
The signatory of the promissory note shall be considered as the acceptor of a bill of exchange, except as regards causal and enrichment actions, in which cases they shall be equated to the drawer.
Official Spanish text: OMPI (opens in a new tab). Read this article in Spanish
Article 493 Supplementary provisions
The provisions relating to the bill of exchange shall apply to the promissory note insofar as relevant.
Official Spanish text: OMPI (opens in a new tab). Read this article in Spanish
Source: OMPI, WIPO Lex (texto oficial suministrado por Guatemala, con las reformas anotadas hasta el Decreto 55-2010). Machine-translated from the official Spanish text; Códice is not legal advice, always verify against the official publication.