Article 605
ELI5— what this means for you
Usufruct cannot be constituted in favor of a town, corporation, or association for more than fifty years.
Official text — RA 386
Usufruct cannot be constituted in favor of a town, corporation, or association for more than fifty years. If it has been constituted, and before the expiration of such period the town is abandoned, or the corporation or association is dissolved, the usufruct shall be extinguished by reason thereof. (515a)
Source: lawphil.net (RA 386 as amended)
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