Text of the provision
Art. 2103. Unless the thing pledged is expropriated, the debtor continues to be the owner thereof. Nevertheless, the creditor may bring the actions which pertain to the owner of the thing pledged in order to recover it from, or defend it against a third person.
(1869)
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 debtor remains owner of the thing pledged (unless expropriated); the pledgee may nonetheless bring the owner's actions to recover or defend it.
Related provisions
- Article 2102 — Fruits of the Thing Pledged.
- Article 2104 — No Use Without Authority.
Cases citing this article
- Ramona Ramos, et al. vs. Philippine National Bank, et al, G.R. No. 178218, December 14, 2011 — 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.