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Civil Code, Art. 2060

Effects of Guaranty · Formerly Art. 1832 of the old Civil Code

Statute
Civil Code
Article
Art. 2060
Topic
Effects of Guaranty
Status
In force
Book
BOOK IV Obligations and Contracts
Title
TITLE XV GUARANTY
Chapter
CHAPTER 2 Effects of Guaranty
Formerly
Art. 1832 of the old Civil Code
Year
1949
Cited by
Multiple Supreme Court decisions

The provision

In order that the guarantor may make use of the benefit of exclusion, he must set it up against the creditor upon the latter's demand for payment from him, and point out to the creditor available property of the debtor within Philippine territory, sufficient to cover the amount of the debt. (1832)

Cases applying this article

Related provisions in this Chapter

Civil Code, Art. 2060 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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Reviewed by the Intellegal Legal Team for currency against amending laws and Supreme Court jurisprudence.

Research aid — not legal advice. Verify the current text against the Official Gazette. Provisions may have been amended or repealed. Using this page creates no attorney-client relationship. For legal advice, consult a Philippine lawyer.