Danger To The Thing Pledged

Art.  2107.  If  there  are  reasonable  grounds  to  fear  the destruction or impairment of the thing pledged, without the fault of the pledgee, the pledgor may demand the return of the  thing,  upon  offering  another  thing  in  pledge,  provided the  latter  is  of  the  same  kind  as  the  former  and  not  of inferior  quality,  and  without  prejudice  to  the  right  of  the pledgee under the provisions of the following article.
 
The pledgee is bound to advise the pledgor, without delay, of any danger to the thing pledged. (n)

 

REQUISITES FOR THE APPLICATION OF ARTICLE 2107

1.   The pledgor has reasonable grounds to fear the destruction or impairment of the thing pledged
2.   There is no fault on the part of the pledgor
3.   The pledgor is offering in place of the thing, another thing in  pledge  which  is  of  the  same  kind  and  quality  as  the former
4.   The  pledgee doesn't  choose to  exercise  his right to  cause the thing pledged to be sold at public auction