Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1480Assignee to proceed against debtor before proceeding against assignor.
Sub-title VII
(1) The assignee is bound to proceed against the debtor before he can proceed against the assignor, unless it is agreed that the assignor shall pay for the debtor should the latter fail to pay on mere demand.
(2) If there is such an agreement the assignee is not bound to do any act to safeguard the debt; and the assignor is liable to the extent of the debt assigned.