Civil Code section 1531

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.

Source: Section 1531, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CIV§ionNum=1531.­ (accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 1531's source at ca​.gov