Page 292 - Important Provisions of The New Civil Code

Article 1178. Subject to the laws, all rights

acquired in virtue of an obligation are

transmissible, if there has been no stipulation to

the contrary.

Article 1179. Every obligation whose

performance does not depend upon a future or

uncertain event, or upon a past event unknown

to the parties, is demandable at once.

Every obligation which contains a resolutory

condition shall also be demandable, without

prejudice to the effects of the happening of the

event. (1113)

Article 1180. When the debtor binds himself to

pay when his means permit him to do so, the

obligation shall be deemed to be one with a

period, subject to the provisions of Article