Text of the provision
Art. 1269. The obligation having been extinguished by the loss of the thing, the creditor shall have all the rights of action which the debtor may have against third persons by reason of the loss.
(1186)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
Once the obligation is extinguished by loss, the creditor acquires all the debtor's rights of action against third persons arising from that loss (for example, against an insurer or wrongdoer).
Related provisions
- Article 1268 — Loss of a Thing Arising From a Crime.
- Article 1270 — Condonation or Remission.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.