| Civil Code Article 259June 19, 2019 |
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Unless otherwise provided by the act or by the contract, each party shall, in case of rescission, restore the other party to his status quo ante according to the following rules: "(1) Each party shall return the prestation received to the other party. "(2) If the prestation received consisted of money, interest calculated from the time of receipt shall be added. "(3) If the prestation received consisted of service or of the use of a thing, the value of such service or use at the time of receipt shall be reimbursed in money. "(4) If a thing to be returned has produced profits, such profits shall be returned. "(5) If necessary or beneficial expenses of the thing to be returned have been paid, such expenses may be claimed for to the extent to which the other party is benefited at the time of return. "(6) If a thing to be returned has been damaged or destroyed or cannot be retuned owing to any other cause, its value shall be reimbursed. |
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Provided by Kingdoms Law