Page 546 - Important Provisions of The New Civil Code

PREFERENCE & CONCURRENCE OF CREDIT

Article 2241. With reference to specific

movable property of the debtor, the following

claims or liens shall be preferred:

(1) Duties, taxes and fees due thereon to the

State or any subdivision thereof;

(2) Claims arising from misappropriation,

breach of trust, or malfeasance by public

officials committed in the performance of

their duties, on the movables, money or

securities obtained by them;