Article 2251
ELI5— what this means for you
Those credits which do not enjoy any preference with respect to specific property, and those which enjoy preference, as to the amount not paid, shall be satisfied according to the following rules:
Official text — RA 386
Those credits which do not enjoy any preference with respect to specific property, and those which enjoy preference, as to the amount not paid, shall be satisfied according to the following rules:
(1) In the order established in article 2244;
(2) Common credits referred to in article 2245 shall be paid pro rata regardless of dates. (1929a)
TRANSITIONAL PROVISIONS
Source: lawphil.net (RA 386 as amended)
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RELATED RIGHTS
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