Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1197Between which debts set-off takes place.
Sub-title V
(1) Set-off shall only take place between two debts both of which have for their subject-matter a sum of money or a determinate quantity of fungibles of the same kind, and which are both for a liquidated amount and exigible.
(2) A debt shall be deemed to be for a liquidated amount if it is certain even with respect to the quantity thereof.