OBLIGATION OF PLEDGEE TO TAKE DUE CARE OF THE THING PLEDGED

Art. 2099. The creditor shall take care of the thing pledged with  the  diligence  of  a  good  father  of  a  family;  he  has  a right  to  the  reimbursement  of  the  expenses  made  for  its preservation,  and  is  liable  for  its  loss  or  deterioration,  in conformity with the provisions of this Code. (1867)

> Upon  fulfillment  of  the  principal  obligation,  the  pledgee must return the thing pledged

> Having possession of the property, he has the obligation to take care of the same with the diligence of a good father of the family

> In case of loss or deterioration of the thing pledged due to a fortuitous event, the pledgee cannot be held responsible but he is liable for loss or deterioration by reason of fraud, negligence, or violation of the terms of the contract