Obligations and Contracts and Related Laws

Article 1962

A deposit is constituted from the moment a person receives a thing belonging to another, with the obligation of safely keeping it and of returning the same. If the safekeeping of the thing delivered is not the principal purpose of the contract, there is no deposit but some other contract. (1758a)

Article 1963

An agreement to constitute a deposit is binding, but the deposit itself is not perfected until the delivery of the thing. (n)

Article 1964

A deposit may be constituted judicially or extrajudicially. (1759)

Article 1965

A deposit is a gratuitous contract, except when there is an agreement to the contrary, or unless the depositary is engaged in the business of storing goods. (1760a)

Article 1966

Only movable things may be the object of a deposit. (1761)

Article 1967

An extrajudicial deposit is either voluntary or necessary. (1762) SECTION 1 General Provisions