2016 Louisiana Laws
Civil Code
CC 1898 - Compensation between obligee and solidary obligor
Art. 1898. Compensation between obligee and solidary obligor
Compensation between the obligee and one solidary obligor extinguishes the obligation of the other solidary obligors only for the portion of that obligor.
Compensation between one solidary obligee and the obligor extinguishes the obligation only for the portion of that obligee.
The compensation provided in this Article does not operate in favor of a liability insurer.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
