Page 376 - Important Provisions of The New Civil Code

Article 1505. Subject to the provisions of this

Title, where goods are sold by a person who is

not the owner thereof, and who does not sell

them under authority or with the consent of the

owner, the buyer acquires no better title to the

goods than the seller had, unless the owner of the

goods is by his conduct precluded from denying

the seller's authority to sell.

Nothing in this Title, however, shall affect:

(1) The provisions of any factors' act,

recording laws, or any other provision of law

enabling the apparent owner of goods to

dispose of them as if he were the true owner

thereof;

(2) The validity of any contract of sale under

statutory power of sale or under the order of

a court of competent jurisdiction;