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Current as of January 01, 2023 | Updated by Findlaw Staff
Novation takes place when a new obligor is substituted for a prior obligor who is discharged by the obligee. In that case, the novation is accomplished even without the consent of the prior obligor, unless he had an interest in performing the obligation himself.
Cite this article: FindLaw.com - Louisiana Civil Code Tit. III, Art. 1882. Subjective novation - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-iii-art-1882/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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