Page 313 - Important Provisions of The New Civil Code

Article 1252. He who has various debts of the

same kind in favor of one and the same creditor,

may declare at the time of making the payment,

to which of them the same must be applied.

Unless the parties so stipulate, or when the

application of payment is made by the party for

whose benefit the term has been constituted,

application shall not be made as to debts which

are not yet due.

If the debtor accepts from the creditor a receipt

in which an application of the payment is made,

the former cannot complain of the same, unless

there is a cause for invalidating the contract.

(1172a)