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Art. 120
F. Set-off I. Requirement 1. In general 1 Where two persons owe each other sums of money or performance of identical obligations, and provided that both claims have fallen due, each party may set off his debt against his claim. 2 The debtor may assert his right of set-off even if the countervailing claim is contested. 3 A time-barred claim may be set off provided that it was not time-barred at the time it became eligible for set-off. |