Article 2115

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The sale of the thing pledged shall extinguish the principal obligation, whether or not the proceeds of the sale are equal to the amount of the principal obligation, interest and expenses in a proper case.

Official text — RA 386

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

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