Revised Laws of Saint Lucia (2021)

Section IV   Release

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    1112.   The release of an obligation may be made either expressly or tacitly by persons legally capable of alienating.

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    It is made tacitly unless there is proof of a contrary intention, when the creditor voluntarily surrenders to his or her debtor what would be primary evidence of the obligation.

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    1113.   The surrender of a pledge does not create a presumption of the release of the debt.

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    1114.   The surrender to one of joint and several debtors of what would be primary evidence of an obligation, is available in favour of his or her co-debtors.

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    1115.   An express release granted in favour of one of joint and several debtors without fulfilment of the obligation does not discharge the others; but the creditor must deduct from the debt the share of him or her whom he or she has released.

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    1116.   An express release granted to the principal debtor discharges his or her sureties.

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    If granted to the surety, it does not discharge the principal debtor.

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    If granted to one of several sureties it does not discharge the others, except in cases in which the latter would have a recourse upon the one released and to the extent of such recourse.