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Article 2083

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

If the person bound to give a bond in the cases of the preceding article, should not be able to do so, a pledge or mortgage considered sufficient to cover his obligation shall be admitted in lieu thereof.

Official text — RA 386

If the person bound to give a bond in the cases of the preceding article, should not be able to do so, a pledge or mortgage considered sufficient to cover his obligation shall be admitted in lieu thereof. (1855)

Source: lawphil.net (RA 386 as amended)

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