California CodesCivil Code - CIVDivision 3 — ObligationsPart 1 — Obligations in GeneralTitle 4 — Extinction of ObligationsChapter 5 — Novation [1530 – 1533]Section 1530
Novation is the substitution of a new obligation for an existing one.
Notes
Defines novation as the substitution of a new obligation for an existing obligation. The new obligation replaces the prior one rather than merely modifying performance under the same obligation, subject to the separate rules specifying the ways a novation may be created.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1530 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-1/title-4/chapter-5/section-1530