Article 2059

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The excussion shall not take place: (1) If the guarantor has expressly renounced it; (2) If he has bound himself solidarily with the debtor; (3) In case of insolvency of the debtor.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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