Article 1242

Payment made in good faith to person in possession of the credit shall release the debtor.

Ang pagbabayad ng may utang na ginawa nang walang daya o malisya sa tao na may hawak ng utang ay magpapalaya sa nangutang sa kaniyang obligasyon.

Example

Nicco owes Hezekiah P100.00. Hezekiah lost the promissory note given by Nicco. Nanay found the promissory note and demanded payment from Nicco.

Possession of credit does not refer to the real creditor or his heirs, or the person authorized by him or by law under Article 1240. It refers to the person who has the appearance of the creditor but who actually is not.

Document evidencing the credit is not the credit itself.