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Article 1348-2 of the French Civil Code

The parties may freely agree to extinguish any mutual obligations, present or future, by way of compensation; such compensation shall take effect on the date of their agreement or, in the case of future obligations, on the date of their co-existence.

Original in French 🇫🇷
Article 1348-2

Les parties peuvent librement convenir d’éteindre toutes obligations réciproques, présentes ou futures, par une compensation ; celle-ci prend effet à la date de leur accord ou, s’il s’agit d’obligations futures, à celle de leur coexistence.

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