Philippine Civil Code Art. 1262: Extinguishment

Statute: Philippine Civil Code
Article: Art. 1262
Topic: Extinguishment of Obligations
Status: In force
Book: BOOK IV Obligations and Contracts
Title: TITLE I Obligations
Chapter: CHAPTER 4 Extinguishment of Obligations
Formerly: Art. 1182a of the old Civil Code
Year: 1949
Cited by: A Supreme Court decision

The provision

An obligation which consists in the delivery of a determinate thing shall be extinguished if it should be lost or destroyed without the fault of the debtor, and before he has incurred in delay. When by law or stipulation, the obligor is liable even for fortuitous events, the loss of the thing does not extinguish the obligation, and he shall be responsible for damages. The same rule applies when the nature of the obligation requires the assumption of risk. (1182a)

Cases applying this article

Rafael Enriquez v. Sun Life Assurance Company of Canada G.R. No. 15895

Related provisions in this Chapter

Civil Code, Art. 1261 Extinguishment of Obligations
Civil Code, Art. 1263 Extinguishment of Obligations
Civil Code, Art. 1260 Extinguishment of Obligations
Civil Code, Art. 1259 Extinguishment of Obligations
Civil Code, Art. 1265 Extinguishment of Obligations
Civil Code, Art. 1266 Extinguishment of Obligations
Civil Code, Art. 1258 Extinguishment of Obligations
Civil Code, Art. 1257 Extinguishment of Obligations

Civil Code, Art. 1262 is found in CHAPTER 4 Extinguishment of Obligations of TITLE I Obligations of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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