{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:1227","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Capital Constituted By Credit or Right","number":"1227","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1227/","hierarchy":{"book":"BOOK IV - PROPERTY","title":"TITLE V - USUFRUCT AND OTHER RIGHTS IN REM","chapter":"Chapter 1. - Usufruct and Right of Occupation","section":"Section 2. - Special Rules Regarding Usufruct of Credits and Other Rights","paragraph":null},"paragraphs":[{"id":"p1","number":"1","text":"Where the credit or right to which the usufruct extends is satisfied or discharged during the usufruct the principal shall not be paid to the usufructuary unless the owner has agreed thereto.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1227/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":340,"url":"https://eriatlas.com/sources/civil-code-2015/page/340/?article=1227&paragraph=p1#article-1227-p1"}]},{"id":"p2","number":"2","text":"Where the owner does not authorize the payment of the sum to the usufructuary, the debt shall be validly released where the debtor deposits the sum.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1227/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":341,"url":"https://eriatlas.com/sources/civil-code-2015/page/341/?article=1227&paragraph=p2#article-1227-p2"}]},{"id":"p3","number":"3","text":"The owner or usufructuary may demand that such deposit be made where the credit has become exigible.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1227/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":341,"url":"https://eriatlas.com/sources/civil-code-2015/page/341/?article=1227&paragraph=p3#article-1227-p3"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}