Article 2108
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
If, without the fault of the pledgee (person holding collateral), there is danger of destruction, impairment, or diminution in value of the thing pledged, he may cause the same to be sold at a public sale.
Official text — RA 386
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RELATED RIGHTS
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