Chapter I: General provisions.

Extinctive prescription is a method of extinguishing a right resulting from the inaction of its holder for a certain period of time.

Unless otherwise provided by law, foreclosure periods are not governed by this Title.

Extinctive prescription is subject to the law governing the right it affects.

A statute that extends the duration of a prescription or foreclosure period has no effect on an existing prescription or foreclosure period. It applies where the prescription period or the foreclosure period had not expired on the date of its entry into force. In this case, account is taken of the period that has already elapsed. In the event of a reduction in the duration of the prescription period or…

The provisions of this Title shall not preclude the application of special rules provided by other laws.