Article 1583

He who acquires a patrimony or an undertaking with assets and liabilities shall be personally liable for the debts to creditors as soon as he notified them of the transfer or published it in the newspapers.

The former debtor shall be jointly liable with the new debtor for a period of two years.

This period shall run, in respect of exigible obligations, from the day of the notification or publication and, in respect of other obligations, from the date at which they become exigible.