Text of the provision
Art. 2138. The contracting parties may stipulate that the interest upon the debt be compensated with the fruits of the property which is the object of the antichresis, provided that if the value of the fruits should exceed the amount of interest allowed by the laws against usury, the excess shall be applied to the principal.
(1885a)
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 parties may stipulate that interest is compensated by the fruits, with any excess over the usury-law limit applied to principal.
Related provisions
- Article 2137 — No Automatic Ownership.
- Article 2139 — Common Provisions Applied.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.