Ca_Law

statute | California

Civil Code - CIV - CIV § 1531

  • UIDca_leginfo_codes:civ-1531
  • CitationCivil Code - CIV - CIV § 1531
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

Novation is made: 1. By the substitution of a new obligation between the same parties, with intent to extinguish the old obligation; 2. By the substitution of a new debtor in place of the old one, with intent to release the latter; or, 3. By the substitution of a new creditor in

Text

Novation is made:
1.
By the substitution of a new obligation between the same parties, with intent to extinguish the old obligation;
2.
By the substitution of a new debtor in place of the old one, with intent to release the latter; or,
3.
By the substitution of a new creditor in place of the old one, with intent to transfer the rights of the latter to the former.

Retrieval chunks

  • #1 | Civil Code - CIV - CIV § 1531

    Novation is made: 1. By the substitution of a new obligation between the same parties, with intent to extinguish the old obligation; 2. By the substitution of a new debtor in place of the old one, with intent to release the latter; or, 3. By the substitution of a new creditor in place of the old one, with intent…