Chapter II: Bond transactions

Where the delegator is indebted to the delegatee but the delegatee has not discharged him of his debt, the delegation gives the delegatee a second debtor. Payment made by one of the two debtors discharges the other, to the same extent.

Where the delegating party is a creditor of the delegatee, its claim is extinguished only by the performance of the delegatee’s obligation to the delegatee and in due proportion.

The mere indication by the debtor of a person designated to pay in his place does not entail novation or delegation. The same applies to the mere indication made by the creditor of a person designated to receive payment on his behalf.