Civil Code Art. 2113: Pledge

Statute: Civil Code
Article: Art. 2113
Topic: Pledge
Status: In force
Book: BOOK IV Obligations and Contracts
Title: TITLE XVI PLEDGE, MORTGAGE AND ANTICHRESIS
Chapter: CHAPTER 2 Pledge
Year: 1949
Cited by: 1 Supreme Court decision in the Intellegal corpus

The provision

At the public auction, the pledgor or owner may bid. He shall, moreover, have a better right if he should offer the same terms as the highest bidder. The pledgee may also bid, but his offer shall not be valid if he is the only bidder. (n)

Cases applying this article

Paray v. Rodriguez G.R. No. 132287

Civil Code, Art. 2113 is found in CHAPTER 2 Pledge of TITLE XVI PLEDGE, MORTGAGE AND ANTICHRESIS of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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