Page 186 - Important Provisions of The New Civil Code

Article 556. The possession of movables is not

deemed lost so long as they remain under the

control of the possessor, even though for the

time being he may not know their whereabouts.

(461)

Article 559. The possession of movable

property acquired in good faith is equivalent to

a title. Nevertheless, one who has lost any

movable or has been unlawfully deprived

thereof may recover it from the person in

possession of the same.

If the possessor of a movable lost or which the

owner has been unlawfully deprived, has

acquired it in good faith at a public sale, the

owner cannot obtain its return without

reimbursing the price paid therefor. (464a)