Article 1963
RA 386 · Civil Code of the Philippines
ELI5— what this means for you
An agreement to constitute a deposit is binding, but the deposit itself is not perfected until the delivery of the thing.
Official text — RA 386
An agreement to constitute a deposit is binding, but the deposit itself is not perfected until the delivery of the thing. (n)
Source: lawphil.net (RA 386 as amended)
Related
RELATED RIGHTS
Legal disclaimer: BatasKo provides general legal information, not legal advice. For advice on contracts, property rights, obligations, or civil damages, consult a licensed Filipino lawyer or the Public Attorney's Office (PAO) at pao.gov.ph.