{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2670","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Rights of Secured Creditors","number":"2670","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2670/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE V- ALEATORY CONTRACTS","chapter":"Chapter 2. - Insurance","section":"Section 3. - Insurance against Damages","paragraph":"Paragraph 1. - Property Insurance"},"paragraphs":[{"id":"p1","number":"1","text":"Notwithstanding any provision to the contrary, if pledged or hypothecated property is insured, the insurer shall pay compensation to the pledgee or hypothecary creditor.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2670/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":737,"url":"https://eriatlas.com/sources/civil-code-2015/page/737/?article=2670&paragraph=p1#article-2670-p1"}]},{"id":"p2","number":"2","text":"The pledgee or hypothecary creditor may claim directly from the insurer who may set up the defenses which he could have set up against the insured.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2670/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":737,"url":"https://eriatlas.com/sources/civil-code-2015/page/737/?article=2670&paragraph=p2#article-2670-p2"}]},{"id":"p3","number":"3","text":"Payments made in good faith by the insurer to the insured in ignorance of the pledge or hypothec shall extinguish the insurer’s obligation.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2670/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":737,"url":"https://eriatlas.com/sources/civil-code-2015/page/737/?article=2670&paragraph=p3#article-2670-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."}