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Article 2056

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

One who is obliged to furnish a guarantor shall present a person who possesses integrity, capacity to bind himself, and sufficient property to answer for the obligation which he guarantees.

Official text — RA 386

One who is obliged to furnish a guarantor shall present a person who possesses integrity, capacity to bind himself, and sufficient property to answer for the obligation which he guarantees. The guarantor shall be subject to the jurisdiction of the court of the place where this obligation is to be complied with. (1828a)

Source: lawphil.net (RA 386 as amended)

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