Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1697Redemption of simple annuity created in consideration of a , sum of money etc.
Sub-title 1
(1) The redemption of a simple annuity constituted in consideration of the payment of a sum of money is effected by the reimbursement of an equal sum.
(2) If the annuity was constituted in consideration of other movable things the value of which was stated in the contract, the redemption is effected by the reimbursement of a sum equal to such value.