CC 2904 - Loan for consumption; definition

CHAPTER 2. LOAN FOR CONSUMPTION (MUTUUM)

Art. 2904. Loan for consumption; definition

The loan for consumption is a contract by which a person, the lender, delivers consumable things to another, the borrower, who binds himself to return to the lender an equal amount of things of the same kind and quality.

Acts 2004, No. 743, §1, eff. Jan. 1, 2005.