Article 1959

RA 386 · Civil Code of the PhilippinesKey provision

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Without prejudice to the provisions of article 2212, interest due and unpaid shall not earn interest.

Official text — RA 386

Without prejudice to the provisions of article 2212, interest due and unpaid shall not earn interest. However, the contracting parties may by stipulation capitalize the interest due and unpaid, which as added principal, shall earn new interest. (n)

Source: lawphil.net (RA 386 as amended)

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