Louisiana Civil Code 1880 – Novation not presumed
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Terms Used In Louisiana Civil Code 1880
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The intention to extinguish the original obligation must be clear and unequivocal. Novation may not be presumed.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.