Article 1245
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
Dation in payment, whereby property is alienated to the creditor in satisfaction of a debt in money, shall be governed by the law of sales.
Official text — RA 386
Dation in payment, whereby property is alienated to the creditor in satisfaction of a debt in money, shall be governed by the law of sales. (n)
Source: lawphil.net (RA 386 as amended)
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