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Article 2103

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Unless the thing pledged is expropriated, the debtor continues to be the owner thereof.

Official text — RA 386

Unless the thing pledged is expropriated, the debtor continues to be the owner thereof.

Nevertheless, the creditor may bring the actions which pertain to the owner of the thing pledged in order to recover it from, or defend it against a third person. (1869)

Source: lawphil.net (RA 386 as amended)

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