Civil Code · Book IV: Obligations and Contracts · Title XVI: Pledge, Mortgage and Antichresis
Chapter 2: Pledge
Current text, as of October 24, 2026
Pledges created by operation of law, such as those referred to in articles 546, 1731, and 1994, are governed by the foregoing articles on the possession, care and sale of the thing as well as on the termination of the pledge. However, after payment of the debt and expenses, the remainder of the price of the sale shall be delivered to the obligor. (n)
Personal Property Security Act (2018)
RA 11057 repealed, amended or modified this article where inconsistent with the Personal Property Security Act, which now governs security interests over personal property through a centralized registry.
Read RA 11057 →Consolidated by Alleba from the text of Republic Act No. 386 (Lawphil and the Supreme Court E-Library). Book I provisions on marriage, family relations and parental authority were repealed by the Family Code (Executive Order No. 209, 1987) and are shown for reference only. For information and research only, and not legal advice. For certified copies, refer to the Official Gazette or the issuing agency.