Civil Code Art. 2058: Effects of Guaranty

Statute: Civil Code
Article: Art. 2058
Topic: Effects of Guaranty
Book: BOOK IV Obligations and Contracts
Title: TITLE XV GUARANTY
Chapter: CHAPTER 2 Effects of Guaranty
Formerly: Art. 1830a of the old Civil Code
Year: 1949

The provision

The guarantor cannot be compelled to pay the creditor unless the latter has exhausted all the property of the debtor, and has resorted to all the legal remedies against the debtor. (1830a)

Cases applying this article

Prudential Bank v. Intermediate Appellate Court G.R. No. 74886

Related provisions in this Chapter

Civil Code, Art. 2059 Effects of Guaranty
Civil Code, Art. 2060 Effects of Guaranty
Civil Code, Art. 2063 Effects of Guaranty
Civil Code, Art. 2071 Effects of Guaranty

Civil Code, Art. 2058 is found in CHAPTER 2 Effects 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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