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The Principles Of European Contract Law 2002 (Parts I, II, and III)
European Union
copy @ Lex Mercatoria
(1) A party to a contract may agree with a third person that that person is to be sub-sti-tu-ted as the contracting party. In such a case the substitution takes effect only where, as a result of the other party's assent, the first party is discharged.
(2) To the extent that the substitution of the third person as a contracting party involves a transfer of rights to performance ("claims"), the provisions of Chapter 11 apply; to the extent that obligations are transferred, the provisions of Section 1 of this Chapter apply.
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