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Civil Code, Art. 2059

Effects of Guaranty · Formerly Art. 1831a of the old Civil Code

Statute
Civil Code
Article
Art. 2059
Topic
Effects of Guaranty
Book
BOOK IV Obligations and Contracts
Title
TITLE XV GUARANTY
Chapter
CHAPTER 2 Effects of Guaranty
Formerly
Art. 1831a of the old Civil Code
Year
1949

The provision

The excussion shall not take place: (1) If the guarantor has expressly renounced it; (2) If he has bound himself solidarily with the debtor; (3) In case of insolvency of the debtor; (4) When he has absconded, or cannot be sued within the Philippines unless he has left a manager or representative; (5) If it may be presumed that an execution on the property of the principal debtor would not result in the satisfaction of the obligation. (1831a)

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