Article 414. Termination of Obligation by Novation.

1. An obligation shall be terminated by agreement of the parties to replace the original obligation that existed between them, another obligation between the same persons providing for another object or method of performance (novation). 2. A novation is not allowed in respect of obligations to compensate for harm caused to life or health, and to pay alimony. 3. Novation terminates additional obligations related to the original, unless otherwise provided by agreement of the parties.

<< Article 413 TKRF Back to table of contents Article 415 TKRF >>

References to other articles of chapter 26. Termination of obligations:
Article 407. Grounds for termination of obligations.
Article 408. Termination of an Obligation by Performance
Article 409. Retreat.
Article 410. Termination of the obligation by offset.
Article 411. Cases of inadmissibility of offsetting.
Article 412. Set off upon assignment of a claim.
Article 413. Termination of the obligation by the coincidence of the debtor and the creditor in one person.
Article 415. Forgiveness of a debt.
Article 416. Termination of an Obligation by Impossibility of Fulfillment.
Article 417. Termination of an obligation on the basis of an act of a state body
Article 418. Termination of the obligation by the death of a citizen.
Article 419. Termination of an Obligation by Liquidation of a Legal Entity