Usufruct
Article 1803

Remission of debt to or transaction or compromise with one obligor ACTIVE

Remission of debt by the obligee in favor of one obligor, or a transaction or compromise between the obligee and one obligor, benefits the other solidary obligors in the amount of the portion of that obligor.

Surrender to one solidary obligor of the instrument evidencing the obligation gives rise to a presumption that the remission of debt was intended for the benefit of all the solidary obligors.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1984, No. 331, §1, eff. Jan. 1, 1985

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Cite Article 1803

Bluebook
La. Civ. Code art. 1803 (2026).
Permalink
https://theusufruct.com/cc/1803
BibTeX
@misc{lacivcode-art-1803,
  title        = {La. Civ. Code art. 1803},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/1803},
  note         = {Snapshot 2026-05-22}
}