IV. G. — 1:107 Several security providers: recourse against debtor

Any security provider who has satisfied a right of recourse of another security provider is subrogated to this extent to the other security provider's rights against the debtor as acquired under IV. G. — 2:113 (Security provider's rights after performance) paragraphs (1) and (3), including proprietary security rights granted by the debtor. IV. G. — 2:110 (Reduction of creditor's rights) applies with appropriate adaptations.

Where a security provider has recourse against the debtor by virtue of the rights acquired under IV. G. — 2:113 (Security provider's rights after performance) paragraphs (1) and (3) or under the preceding paragraph, including proprietary security rights granted by the debtor, every security provider is entitled to a proportionate share, as defined in IV. G. — 1:106 (Several security providers: internal recourse) paragraph (2) and III. — 4:107 (Recourse between solidary debtors), of the benefits recovered from the debtor. IV. G. — 2:110 (Reduction of creditor's rights) applies with appropriate adaptations.

Unless expressly stated to the contrary, the preceding rules do not apply to proprietary security provided by the debtor.