The action of revocation and restitution of property by the subsequent birth of children shall prescribe after five years, counted from the day when the last of the children has attained the age of majority or from the date of the adoption or from the receipt of news of the one who was believed dead, whichever of the dates is the latest.
This action cannot be renounced, and is transmitted on the death of the donor to his children or legal descendants.
History —Civil Code, 1930, § 588; May 31, 1972, No. 76, p. 165, § 2.