Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1079When debtor cannot claim benefit of time.
Sub-title III
A debtor can no longer claim the benefit of time if he has become insolvent, or if his condition has so changed as to endanger the payment of the debt, or if by his own act he has diminished the security which under the agreement he had given to the creditor, or if he has failed to give the security agreed upon.
§ III. OF ALTERNATIVE AND POTESTATIVE OBLIGATIONS