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Book 2 · Law of obligations  ›  Title 2 · Deposit › Section 374

Place of deposit; duty to notify

(1) Deposit is to be made at the depository institution of the place of performance; if the obligor deposits at any other place, then they are to compensate the obligee for the damage arising therefrom.

(2) The obligor is to notify the obligee of the deposit without undue delay; in case of failure to do so, they will be liable in damages. The notice may be omitted if it is inadvisable.

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