Revised Laws of Saint Lucia (2021)

Section I   General provisions

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    1677.   Loan for consumption is a contract by which the lender gives the borrower a certain quantity of things which are consumed by the use made of them, under the obligation by the latter to return a like quantity of things of the same kind and quality.

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    1678.   By loan for consumption the borrower becomes owner of the thing lent, and the loss of it falls upon him or her.

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    1679.   If the loan be in money the obligation which results from it is the repayment of the same numerical amount in money, current at the time of payment, whether the money has increased or diminished in value subsequently to the loan.

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    1680.   If the loan be in bullion or of provisions, the borrower is obliged to return the same quantity and quality as he or she has received and nothing more, whatever may be the increase diminution of the price of them.