- Statute
- Philippine Civil Code
- Article
- Art. 1972
- Topic
- Voluntary Deposit
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE XII DEPOSIT
- Chapter
- CHAPTER 2 Voluntary Deposit
- Formerly
- Art. 1766a of the old Civil Code
- Year
- 1949
The provision
The depositary is obliged to keep the thing safely and to return it, when required, to the depositor, or to his heirs and successors, or to the person who may have been designated in the contract. His responsibility, with regard to the safekeeping and the loss of the thing, shall be governed by the provisions of Title I of this Book. If the deposit is gratuitous, this fact shall be taken into account in determining the degree of care that the depositary must observe. (1766a)
Intellegal Wiki · In plain terms
A depositary must safely keep the thing deposited and return it on demand to the depositor, his heirs or successors, or whoever the contract names. His liability for safekeeping and loss follows the rules in Title I of this Book, and if the deposit was free of charge, that gratuitous nature is weighed in setting how much care he owed.
An editorially maintained plain-language explanation of this provision — not legal advice.