Civil Code Art. 1962: Deposit in General and

Statute: Civil Code
Article: Art. 1962
Topic: Deposit in General and its Different Kinds
Book: BOOK IV Obligations and Contracts
Title: TITLE XII DEPOSIT
Chapter: CHAPTER 1 Deposit in General and its Different Kinds
Formerly: Art. 1758a of the old Civil Code
Year: 1949

The provision

A deposit is constituted from the moment a person receives a thing belonging to another, with the obligation of safely keeping it and of returning the same. If the safekeeping of the thing delivered is not the principal purpose of the contract, there is no deposit but some other contract. (1758a)

Cases applying this article

El Banco Nacional Filipino v. Sergio M. Silo G.R. No. 47920

Related provisions in this Chapter

Civil Code, Art. 1964 Deposit in General and its Different Kinds
Civil Code, Art. 1965 Deposit in General and its Different Kinds
Civil Code, Art. 1966 Deposit in General and its Different Kinds

Civil Code, Art. 1962 is found in CHAPTER 1 Deposit in General and its Different Kinds of TITLE XII DEPOSIT of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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