Article 1896 of the French Civil Code
November 7, 2023
The rule set out in the previous article does not apply if the loan was made in ingots.
The rule set out in the previous article does not apply if the loan was made in ingots.
If it is ingots or commodities that have been lent, whatever the increase or decrease in their price, the debtor must always return the same quantity and quality, and must return only that.
In consumer loans, the lender is liable under article 1891 for loans for use.
The lender may not reclaim the things lent before the agreed term.
If no term has been set for restitution, the judge may grant the borrower a period of time depending on the circumstances.
If it was only agreed that the borrower would pay when he could, or when he had the means to do so, the judge will set him a payment term according to the circumstances.
The borrower is obliged to return the things lent, in the same quantity and quality, and at the agreed term.
If he is unable to comply, he is obliged to pay the value having regard to the time and place where the thing was to be returned according to the agreement. If that time and place have not been settled, payment is made at the price of the time and place where the loan was made.
If the borrower fails to return the things lent or their value at the agreed term, he shall owe interest from the day of the summons or legal demand.
It is permissible to stipulate interest for simple loans either of money, commodities, or other movable things.
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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