Article 1151
ELI5— what this means for you
The time for the prescription of actions which have for their object the enforcement of obligations to pay principal with interest or annuity runs from the last payment of the annuity or of the interest.
Official text — RA 386
The time for the prescription of actions which have for their object the enforcement of obligations to pay principal with interest or annuity runs from the last payment of the annuity or of the interest. (1970a)
Source: lawphil.net (RA 386 as amended)
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