Article 1996

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

A deposit is necessary: (1) When it is made in compliance with a legal obligation; (2) When it takes place on the occasion of any calamity, such as fire, storm, flood, pillage, shipwreck, or other similar events.

Official text — RA 386

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