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3027 — Puerto Rico Law | CourtGPT
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  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 4 - Obligations and Contracts/
  6. Part I/
  7. Chapter 243/
  8. 3027
Puerto Rico Legal Code

3027

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A receipt from the creditor for the principal, without any stipulation regarding interest, extinguishes the obligation of the debtor with regard thereto.\nThe receipt for the last instalment of a debt, when the creditor has made no reservation, shall also extinguish the obligation with regard to the previous instalments.\nHistory —Civil Code, 1930, § 1063.