Text of the provision
Art. 1627. The assignment of a credit includes all the accessory rights, such as a guaranty, mortgage, pledge or preference.
(1528)
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
An assignment of a credit carries all its accessory rights — guaranty, mortgage, pledge, or preference.
Questions about this provision
Related provisions
- Article 1626 — Payment by the Debtor Before Notice.
- Article 1628 — Assignor's Warranty (Existence, Not Solvency).
Cases citing this article
- Metropolitan Bank & Trust Company vs. G & P Builders, Incorporated, Spouses Elpidio and Rose Violet Paras, Spouses Jesus and Ma. Consuelo Paras and Victoria Paras, G.R. No. 189509, November 23,2015 — read the decision on LawPhil →
- Servicewide Specialists vs. Court of Appeals, et al, G.R. No. 116363, December 10, 1999 — read the decision on LawPhil →
Compiled automatically from Supreme Court decisions published on LawPhil that expressly cite this article, most frequently cited first. A listing means the decision cites the provision — it is not a statement that the case is the leading authority, and it does not show whether a ruling has since been modified or abandoned. Always read the decision itself.