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)