Page 491 - Important Provisions of The New Civil Code
P. 491

Article 2059. The excussion shall not take place:




               (1) If the guarantor has expressly renounced


               it;




               (2) If he has bound himself solidarily with the


               debtor;




               (3) In case of insolvency of the debtor;





               (4) When he has absconded, or cannot be


               sued within the Philippines unless he has left


               a manager or representative;




               (5) If it may be presumed that an execution



               on  the  property  of  the  principal  debtor


               would  not  result  in  the  satisfaction  of  the


               obligation. (1831a)
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