Civil Transactions Law

1. Unless agreed otherwise, the stipulator, but not his creditors or heirs, may revoke the stipulation, replace the beneficiary with another beneficiary, or transfer the benefit to himself, unless the beneficiary informs the obligor or the stipulator of his acceptance of the stipulation, or unless such act is detrimental to the obligor’s interest. 2. If the stipulation is revoked, the obligor shall not be released from liability towards the stipulator, unless the parties explicitly or implicitly agree to such discharge.