Article 2100
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
The pledgee (person holding collateral) cannot deposit the thing pledged with a third person, unless there is a stipulation authorizing him to do so.
Official text — RA 386
The pledgee cannot deposit the thing pledged with a third person, unless there is a stipulation authorizing him to do so.
The pledgee is responsible for the acts of his agents or employees with respect to the thing pledged. (n)
Source: lawphil.net (RA 386 as amended)
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