Article 1953
RA 386 · Civil Code of the Philippines
ELI5— what this means for you
A person who receives a loan of money or any other fungible thing acquires the ownership thereof, and is bound to pay to the creditor an equal amount of the same kind and quality.
Official text — RA 386
A person who receives a loan of money or any other fungible thing acquires the ownership thereof, and is bound to pay to the creditor an equal amount of the same kind and quality. (1753a)
Source: lawphil.net (RA 386 as amended)
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