Article 2106

RA 386 · Civil Code of the PhilippinesKey provision

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If through the negligence or wilful act of the pledgee (person holding collateral), the thing pledged is in danger of being lost or impaired, the pledgor (person giving collateral) may require that it be deposited with...

Official text — RA 386

If through the negligence or wilful act of the pledgee, the thing pledged is in danger of being lost or impaired, the pledgor may require that it be deposited with a third person. (n)

Source: lawphil.net (RA 386 as amended)

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