Book One: Obligations · Section One: Sources of Obligation · Chapter One: The Contract · Part Four: Pillars, Validity, Options, and Types of a Contract · 1. Option of Stipulation
If an option is stipulated for both contracting parties in financial commutative contracts, neither of the two counter-performances shall pass out of the ownership. Where the option is stipulated for one of them, their property shall not pass out of their ownership, nor shall the property of the other enter into their ownership.
Interpretation and application must be checked against the official text and current version.
