Text of the provision
Art. 1963. An agreement to constitute a deposit is binding, but the deposit itself is not perfected until the delivery of the thing.
(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
An agreement to constitute a deposit is binding, but the deposit itself is perfected only on delivery — a real contract.
Related provisions
- Article 1962 — Deposit Defined.
- Article 1964 — Judicial or Extrajudicial Deposit.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.
Note. The text of the provision above is reproduced in full from the official enactment (Republic Act No. 386), verified against the LawPhil and ChanRobles renderings. The annotation and commentary around it are the work of Vivas & Nobles Law Office and are general legal information, not legal advice. How a provision applies to a particular situation depends on facts that only a lawyer reviewing your case can assess.