P.R. Laws tit. 31, § 3027
2019-02-20 00:00:00+00
A receipt from the creditor for the principal, without any stipulation regarding interest, extinguishes the obligation of the debtor with regard thereto.
The receipt for the last instalment of a debt, when the creditor has made no reservation, shall also extinguish the obligation with regard to the previous instalments.
History —Civil Code, 1930, § 1063.