Civil Transactions Law

1. A person may, in his own name, enter into a contract that stipulates obligations for the benefit of a third party if he has a personal interest, whether material or moral, in the performance of such obligations. 2. A stipulation that is in the interest of a third party shall grant said party a direct right to demand the obligor to fulfill the obligations, unless agreed otherwise. The obligor may invoke against the beneficiary any defense arising from the contract. 3. The stipulator may demand the obligor to perform the obligations for the benefit of the beneficiary. Civil Transactions Law