Civil Code Art. 2258: Order of Preference of

Statute: Civil Code
Article: Art. 2258
Topic: Order of Preference of Credits
Book: BOOK IV Obligations and Contracts
Title: TITLE XII CONCURRENCE AND PREFERENCE OF CREDITS
Chapter: CHAPTER 3 Order of Preference of Credits
Year: 1949

The provision

Actions and rights which came into being but were not exercised before the effectivity of this Code, shall remain in full force in conformity with the old legislation; but their exercise, duration and the procedure to enforce them shall be regulated by this Code and by the Rules of Court. If the exercise of the right or of the action was commenced under the old laws, but is pending on the date this Code takes effect, and the procedure was different from that established in this new body of laws, the parties concerned may choose which method or course to pursue. (Rule 4)

Cases applying this article

Saladas v. Franklin Baker Company G.R. No. L-13419

Civil Code, Art. 2258 is found in CHAPTER 3 Order of Preference of Credits of TITLE XII CONCURRENCE AND PREFERENCE OF CREDITS of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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