If the new obligor has assumed the obligation and acquired the thing given as security, the discharge of any prior obligor by the obligee does not affect the security or its rank.
Article 1887 active cc book
Discharge of any prior obligor does not affect security ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1984, No. 331, §1, eff. Jan. 1, 1985