CHAPTER 7. THIRD-PARTY BENEFICIARY

Art. 1978. Stipulation for the benefit of a third person

            A contracting party may stipulate a benefit for a third person called a third-party beneficiary.

            Once the third-party beneficiary has manifested his intention to avail himself of the benefit, the parties may not dissolve the contract by mutual consent without the beneficiary's agreement.

            Acts 1984, No. 331, §1, eff. Jan. 1, 1985; Acts 2025, No. 488, §1.