If anything is given to a creditor by way of performance, which he refuses to accept as such, he is not bound to return it without demand, but if he retains it, he is a gratuitous depositary thereof. SOURCE: CC § 1505. CROSS-REFERENCES: Division 2, Part 3, beginning with Chapter 40, governs the rights and duties of depositaries. NOTE: No 1970 Civil Code '§ 1506-1510 existed.
ARTICLE 3
COL120106
PREVENTION OF PERFORMANCE OF OFFER