Text of the provision
Art. 2099. The creditor shall take care of the thing pledged with the diligence of a good father of a family; he has a right to the reimbursement of the expenses made for its preservation, and is liable for its loss or deterioration, in conformity with the provisions of this Code.
(1867)
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
The pledgee must care for the thing with the diligence of a good father of a family, may be reimbursed preservation expenses, and is liable for its loss or deterioration.
Related provisions
- Article 2098 — Pledgee's Right of Retention.
- Article 2100 — No Sub-Deposit; Liability for Agents.
Cases citing this article
- Roberto C. Sicam, et al. vs. Lullu V. Jorge, et al, G.R. No. 159617, August 8, 2007 — read the decision on LawPhil →
- China Banking Corp. vs. Court of Appeals, et al, G.R. No. 117604, March 26, 1997 — 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.