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Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 1953

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

A person who receives a loan of money or any other fungible thing acquires the ownership thereof, and is bound to pay to the creditor an equal amount of the same kind and quality.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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