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Article 2243

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The claims or credits enumerated in the two preceding articles shall be considered as mortgages or pledges of real or personal property, or liens within the purview of legal provisions governing insolvency.

Official text — RA 386

The claims or credits enumerated in the two preceding articles shall be considered as mortgages or pledges of real or personal property, or liens within the purview of legal provisions governing insolvency. Taxes mentioned in No. 1, article 2241, and No. 1, article 2242, shall first be satisfied. (n)

Source: lawphil.net (RA 386 as amended)

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