CC 1897 - Compensation extinguishes obligation of surety

Art. 1897. Compensation extinguishes obligation of surety

Compensation between obligee and principal obligor extinguishes the obligation of a surety.

Compensation between obligee and surety does not extinguish the obligation of the principal obligor.

Acts 1984, No. 331, §1, eff. Jan. 1, 1985.