Civil Code Art. 1625: Assignment of Credits

Statute: Civil Code
Article: Art. 1625
Topic: Assignment of Credits and Other Incorporeal Rights
Book: BOOK IV Obligations and Contracts
Title: TITLE VI SALES
Chapter: CHAPTER 8 Assignment of Credits and Other Incorporeal Rights
Formerly: Art. 1526 of the old Civil Code
Year: 1949

The provision

An assignment of a credit, right or action shall produce no effect as against third persons, unless it appears in a public instrument, or the instrument is recorded in the Registry of Property in case the assignment involves real property. (1526)

Cases applying this article

Mindanao Savings v. Edward Willkom; Gilda Go; Remedios Uy; Malayo Bantuas G.R. No. 178618
Sps. Antonio & Leticia Vega v. Social Security System (Sss) & Pilar Development Corporation G.R. No. 181672
Spouses Alfredo v. Pci Leasing G.R. No. 139233

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