Article 1652. Independent personal security on first demand

(1) An independent personal security which is expressed as being due upon first demand or which is in such terms that this can unequivocally be inferred, is governed by the rules in Article 1651, except as provided in this Article.
(2) The security provider is obliged to perform only if the creditor’s demand is supported by a written declaration by the creditor which expressly confirms that all conditions upon which the performance of the security becomes due is fulfilled.
(3) The provisions of Article 1651 para. (2) do not apply.