Libro IV · Título II Capítulo II. Del suministro y del contrato estimatorio
Article 707 Supply contract
By the supply contract, one party undertakes, for a price, to make in favor of the other periodic or continued deliveries of movable things or services.
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Article 708 Amount
If the amount of the deliveries has not been determined, the one corresponding to the normal needs of the party receiving them, at the time of the entering into the contract, shall be understood as agreed.
If a maximum and a minimum have been agreed for the total supply, or for the isolated deliveries, it shall be up to the one who is to receive them to fix their amount, within said limits.
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Article 709 Periodic supplies
In the supply of a periodic character, the price shall be determined and paid for each separate delivery.
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Article 710 Time limit
The time limit established for the separate deliveries shall be understood as agreed in the interest of both parties.
If the party that is to receive them has the power to set the date of the separate deliveries, it must communicate that date to the supplier with sufficient advance notice.
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Article 711 Termination
If the failure to perform one of the separate deliveries is of such importance that it gives reason to presume that future deliveries will not be performed in due time, the contract may be terminated.
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Article 712 Suspension and denunciation
If the party entitled to the supply fails to perform any of its obligations, the supplier may not suspend performance of the contract without giving it notice with prudent advance notice.
If the duration of the supply has not been established, each of the parties may denounce the contract, giving notice with the agreed advance notice or, in the absence of such agreement, with ninety days' advance notice.
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Article 713 Consignment contract
The consignment contract, by which one party delivers to the other one or several movable things so that it pays a price for them or returns the things within a time limit, shall be governed by the following rules:
1º.The consignee shall not be released from the obligation to pay the price of what it received, on the ground that its total restitution is impossible, even for causes not attributable to it.
2º.The consignee may validly dispose of the things, but they may not be attached by the creditors of the consignee as long as the price has not been paid.
3º.The consignor loses its right of disposal over the things, as long as they are not returned to it.
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.