ALTHOX

COLOMBIAN COMMERCIAL CODE CHAPTER VI Assignment of contract Article 887 .- In commercial contracts to run periodically or in succession each of the parties may to be replaced by a third party, in whole or in part under the contract relations, without explicit consent of the contractor transferred, whether by law or by stipulation of the parties themselves have not been banned or limited the replacement. The same substitution can be made in the immediate execution of commercial contracts that have not been met in whole or in part, and the celebrated intuitu personae But in these cases will require the acceptance of contractor transferred. Article 888 .- The substitution may be made in writing or orally, depending on whether or not the contract is in writing. If the contract public deed, the assignment may be in private writing, after authenticating the signature of the assignor, if this is not authentic or not presumed such, but no effect against thi...