Text of the provision
Art. 1960. If the borrower pays interest when there has been no stipulation therefor, the provisions of this Code concerning solutio indebiti, or natural obligations, shall be applied, as the case may be.
(n)
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
If a borrower pays interest with no stipulation for it, the rules on solutio indebiti or natural obligations apply — generally he may recover it, unless it is treated as fulfillment of a natural obligation.
Related provisions
- Article 1959 — Interest on Interest (Compounding).
- Article 1962 — Deposit Defined.
Cases citing this article
- Sebastian Siga-an vs. Alicia Villlanueva, G.R. No. 173227, January 20, 2009 — read the decision on LawPhil →
- New Sampaguita Builders Construction, Inc., et al. vs. Philippine National Bank, G.R. No. 148753, July 30, 2004 — 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.