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Earlier editions: 2020-112018-11

DIVISION 3. OBLIGATIONS 1427-3273.91›PART 1. OBLIGATIONS IN GENERAL 1427-1543›TITLE 4. EXTINCTION OF OBLIGATIONS 1473-1543›CHAPTER 5. Novation [1530. - [1533.]]

§ 1531

California Civil Code · 2026-10 edition · updated 2026-10-04 · California

Novation is made:

  1. By the substitution of a new obligation between the same parties, with intent to extinguish the old obligation;

  2. By the substitution of a new debtor in place of the old one, with intent to release the latter; or,

  3. By the substitution of a new creditor in place of the old one, with intent to transfer the rights of the latter to the former.

(Enacted 1872.)

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