Civil Code Art. 2054: Nature and Extent of

Statute: Civil Code
Article: Art. 2054
Topic: Nature and Extent of Guaranty
Book: BOOK IV Obligations and Contracts
Title: TITLE XV GUARANTY
Chapter: CHAPTER 1 Nature and Extent of Guaranty
Formerly: Art. 1826 of the old Civil Code
Year: 1949

The provision

A guarantor may bind himself for less, but not for more than the principal debtor, both as regards the amount and the onerous nature of the conditions. Should he have bound himself for more, his obligations shall be reduced to the limits of that of the debtor. (1826)

Cases applying this article

Star Two (Spv-Amc) v. Howard Ko G.R. No. 185454

Related provisions in this Chapter

Civil Code, Art. 2053 Nature and Extent of Guaranty
Civil Code, Art. 2052 Nature and Extent of Guaranty
Civil Code, Art. 2047 Nature and Extent of Guaranty

Civil Code, Art. 2054 is found in CHAPTER 1 Nature and Extent of Guaranty of TITLE XV GUARANTY of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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