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Article 2095

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Incorporeal rights, evidenced by negotiable instruments, bills of lading, shares of stock, bonds, warehouse receipts and similar documents may also be pledged.

Official text — RA 386

Incorporeal rights, evidenced by negotiable instruments, bills of lading, shares of stock, bonds, warehouse receipts and similar documents may also be pledged. The instrument proving the right pledged shall be delivered to the creditor, and if negotiable, must be indorsed. (n)

Source: lawphil.net (RA 386 as amended)

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