Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1193When surrender of instrumentcreating debt implies release.
Sub-title V
(1) The voluntary surrender of the original instrument creating the debt, made by the creditor to the debtor, shall raise a presumption of release, unless it is proved that the surrender was made for some purpose other than that of discharging the debtor.
(2) The surrender of the aforesaid instrument made to one of the joint and several debtors, produces the same effect in favour of the other co-debtors.