- Statute
- Civil Code
- Article
- Art. 1965
- Topic
- Deposit in General and its Different Kinds
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE XII DEPOSIT
- Chapter
- CHAPTER 1 Deposit in General and its Different Kinds
- Formerly
- Art. 1760a of the old Civil Code
- Year
- 1949
- Cited by
- A Supreme Court decision
The provision
A deposit is a gratuitous contract, except when there is an agreement to the contrary, or unless the depositary is engaged in the business of storing goods. (1760a)
Intellegal Wiki · In plain terms
A deposit for safekeeping is presumed to be free of charge. This changes only when the parties agree the depositary will be paid, or when the depositary is in the business of storing goods, in which case it is treated as compensated.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Bernarda Aliasas v. Pedro Alcantara G.R. No. 5628
Related provisions in this Chapter
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