Section 709
Statutory text (Thai original)
บุคคลหนึ่งจะจำนองทรัพย์สินของตนไว้เพื่อประกันหนี้อันบุคคลอื่นจะต้องชำระ ก็ให้ทำได้
Verbatim from the Royal Gazette / Office of the Council of State
English translation
A person may mortgage his property as security for the performance of an obligation by another person.
This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.
Firm annotation
Section 709 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source, with the English translation from the FAO/UN FAOLEX repository. Always rely on the Thai original for legal proceedings.