Major Codes1 min read
Article 1934LOAN
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
An accepted promise to deliver something
by way of commodatum or simple loan is binding upon
parties, but the commodatum or simple loan itself shall
not be perfected until the delivery of the object of the
contract. (n)
CHAPTER 1 Commodatum
SECTION 1 Nature of Commodatum
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.
Plain Language