Major Codes1 min read
Article 1955Simple Loan or Mutuum
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The obligation of a person who borrows
money shall be governed by the provisions of articles 1249
and 1250 of this Code.
If what was loaned is a fungible thing other than money,
the debtor owes another thing of the same kind, quantity
and quality, even if it should change in value. In case it is
impossible to deliver the same kind, its value at the time
of the perfection of the loan shall be paid. (1754a)
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