French Civil CodeIn force
Section 1: Conditions required for the validity of the contract.
Article 1976
The life annuity may be constituted at such rate as the contracting parties may determine.
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Showing 2631–2640 of 47383 articles for “Art. Cass. com. 19 June 2012 n° 11-13.176 · Cass. 1re civ. 3 December 1996 · Cass. com. 18 February 1997 · Cass. com. 19 March 2013 n° 11-26.566 · Cass. 3e civ. 28 February 2012 n° 11-10.705”
The life annuity may be constituted at such rate as the contracting parties may determine.
It is permissible to stipulate interest for simple loans either of money, commodities, or other movable things.
A borrower who has paid interest that was not stipulated may neither repeat it nor set it off against the capital.
A necessary deposit is one that has been forced by some accident, such as fire, ruin, pillage, shipwreck or other unforeseen event.
A life annuity may be constituted for a sum of money, or for an appreciable movable thing, or for an immovable.
If it was only agreed that the borrower would pay when he could, or when he had the means to do so, the judge will set him a payment term according to the circumstances.
The deposit itself is an essentially free contract.
When it is free of charge, it is subject to the rules for filing proper, except for the differences set out below.
The agent cannot do anything beyond what is carried in his mandate: the power to compromise does not contain the power to compromise.
An unemancipated minor may be chosen as a mandatary; but the principal will have action against him only according to the general rules relating to the obligations of minors.
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