UAE Commercial Transactions Law — Article 562 — Article (562)
Book Four: Commercial Papers · Part One: Bill of Exchange · Chapter Five: Aval: Article (559)
1. Aval may be issued on a separate paper indicating the place where it is made.
2. The giver of an aval who has given the collateral on a separate paper shall be liable only vis-a-vis the person in whose favor the aval is given.
Interpretation and application must be checked against the official text and current version.
