The extinction of the old obligation extends to all its accessories.
As an exception, the original collateral may be reserved to secure the new obligation with the consent of the third-party guarantors.
Home | French Legislation Articles | French Civil Code | Book III: Different ways of acquiring property | Title IV: General system of obligations | Chapter II: Bond transactions | Section 3: Novation | Article 1334 of the French Civil Code
The extinction of the old obligation extends to all its accessories.
As an exception, the original collateral may be reserved to secure the new obligation with the consent of the third-party guarantors.
Par exception, les sûretés d’origine peuvent être réservées pour la garantie de la nouvelle obligation avec le consentement des tiers garants.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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