70th Meeting (February 19, 2013)


 Discussion on the revised working draft of the interim draft 2013 for reforming the Civil Code (law of obligations).

Summary of minutes

The members discussed the revised working draft for the interim draft 2013 for reforming the Civil Code (law of obligations) based on Material No. 58. Concrete issues discussed are as follows.

1.         General provisions on juridical acts

2.         Mental capacity

3.         Manifestation of intention

4.         Representation

5.         Invalidity and rescission

6.         Conditions and due date

7.         Extinctive prescription

8.         Purpose of a claim

9.         The right to demand for performance

10.     Damages caused by non-performance of an obligation

11.     Cancellation of a contract

12.     Assumption of risk

13.     Delay in acceptance

14.     Right of subrogation of the oblige

15.     Right to request avoidance of fraudulent acts

16.     Claims and obligations among multiple parties (except guarantee obligation)

17.     Guarantee obligation

18.     Assignment of claims

19.     Negotiable instruments

20.     Assumption of obligations

21.     Transfer of a contractual status

22.     Payment

23.     Set-offs

24.     Novation

25.     Release (Article 519 of the Civil Code)