Major Codes1 min read
Article 2119Pledge
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If two or more things are pledged, the
pledgee may choose which he will cause to be sold,
unless there is a stipulation to the contrary. He may
demand the sale of only as many of the things as are
necessary for the payment of the debt. (n) ARTICLE 2120.
If a third party secures an obligation by pledging his own
movable property under the provisions of article 2085 he
shall have the same rights as a guarantor under articles
2066 to 2070, and articles 2077 to 2081. He is not
prejudiced by any waiver of defense by the principal
obligor. (n)
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