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Article 417

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The following are also considered as personal property: (1) Obligations and actions which have for their object movables or demandable sums.

Official text — RA 386

The following are also considered as personal property:

(1) Obligations and actions which have for their object movables or demandable sums; and

(2) Shares of stock of agricultural, commercial and industrial entities, although they may have real estate. (336a)

Source: lawphil.net (RA 386 as amended)

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