Gao Peng Reading Club Learning "Civil Code" Series Sharing Activity Lesson 4: Interpretation of the Guarantee System of the Civil Code (Part 1)
On July 30,the Gaopeng Reading Club organized the fourth learning activity of the Civil Code this year,inviting Zhao Li,a lawyer from our firm,to interpret in detail the relevant provisions of the Civil Code and its supporting judicial interpretations regarding the personal insurance system,namely,the guarantee contract,in conjunction with the lawyer's agency services.

By comparing the new and old provisions,Lawyer Zhao Li first summarized and analyzed the significant amendments made by the Civil Code and its supporting judicial interpretations to the relevant content of the guarantee contract as a whole;Subsequently,in combination with legislators'interpretations of relevant legal provisions,past trial practices,and discussions by relevant experts and scholars,Lawyer Zhao Li conducted a detailed interpretation and analysis of relevant key and difficult issues involved in suretyship contracts,such as the difference between general suretyship and joint and several liability suretyship,the duration of suretyship,the limitation of actions for suretyship debts,and the connection and distinction between the two,including what problems existed in the old law"What changes and adjustments have been made to the new law,and how to apply the law in the future have been discussed and analyzed at a deeper level.".
During the sharing process,all participants actively raised questions and enthusiastically discussed how to calculate the guarantee period and other related issues.

In the future,Gaopeng Reading Club will continue to organize at least one"Civil Code"learning and sharing activity per month as planned,with lawyers with expertise in the relevant fields of our institute invited to speak.
(This article is translated by software translator for reference only.)
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