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Article 1347 of the French Civil Code

Compensation is the simultaneous extinction of reciprocal obligations between two persons.

It takes place, subject to being invoked, in due proportion, on the date when its conditions are met.

Original in French 🇫🇷
Article 1347

La compensation est l’extinction simultanée d’obligations réciproques entre deux personnes.

Elle s’opère, sous réserve d’être invoquée, à due concurrence, à la date où ses conditions se trouvent réunies.

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