Article 1276
ELI5— what this means for you
Merger which takes place in the person of the principal debtor or creditor benefits the guarantors.
Official text — RA 386
Merger which takes place in the person of the principal debtor or creditor benefits the guarantors. Confusion which takes place in the person of any of the latter does not extinguish the obligation. (1193)
Source: lawphil.net (RA 386 as amended)
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