Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1458Right of redemption.
Sub-title VI
(1) It shall be lawful for the seller in the contract of sale, to reserve to himself the right of redemption, or the power of taking back the thing sold, by returning the price, and paying the expenses and interest as provided in articles 1443, 1444 and 1445.
(2) Any agreement whereby the seller is to return a higher sum is null in regard to the excess.