Text of the provision
Art. 570. Whenever a usufruct is constituted on the right to receive a rent or periodical pension, whether in money or in fruits, or in the interest on bonds or securities payable to bearer, each payment due shall be considered as the proceeds or fruits of such right. Whenever it consists in the enjoyment of benefits accruing from a participation in any industrial or commercial enterprise, the date of the distribution of which is not fixed, such benefits shall have the same character. In either case they shall be distributed as civil fruits, and shall be applied in the manner prescribed in the preceding article.
(475)
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
Where the usufruct is on the right to receive a rent, periodical pension, or the interest on bonds or securities, each payment due is considered as fruits of that right.
"Civil fruits" is the Code's term for income a thing generates through a legal relationship rather than through natural growth — rent, pensions, and interest on bonds or securities are the clearest examples. This article extends that same treatment to irregular income, such as undated shares in the profits of a commercial or industrial venture, so that a usufructuary is not deprived of a benefit merely because its timing is uncertain. Because both are civil fruits, their distribution follows the same method the preceding article lays down for civil fruits generally.
Questions about this provision
Related provisions
- Article 569 — Civil Fruits Accrue Daily.
- Article 571 — Right to Accessions and Servitudes.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.