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Justinian I · The Digest of Justinian §35.2.62.pr-35.2.62.1

Valuation of Joint Obligations and Market Value of Corporeal Assets

Passage 5507 of 9271 · Latin

Summary

Discusses the valuation rules under the Lex Falcidia for joint obligations based on the existence of a partnership, and establishes that corporeal assets in an estate must be valued at their current market price rather than a nominal value.

[ULPIANUS libro primo ad legem Iuliam et Papiam. ] §35.2.62.prIn lege Falcidia hoc esse seruandum Iulianus ait, ut, si duo rei promittendi fuerint uel duo rei stipulandi, si quidemsocii sint in ea re, diuidi inter eos debere obligationem, atque si singuli partem pecuniae stipulati essent uel promisissent: quod si societas inter eos nulla fuisset, in pendenti esse, in utrius bonis computari oporteat id quod debetur uel ex cuius bonis detrahi.
[ULPIANUS, in the first book on the Lex Iulia et Papia.] Iulianus says that in the Lex Falcidia this must be observed, namely, that if there are two joint debtors or two joint creditors, if indeed they are partners in that matter, the obligation ought to be divided between them, just as if each individual had stipulated for or promised a part of the money; but if there was no partnership between them, it remains pending in whose assets that which is owed should be computed, or from whose assets it should be deducted.
§35.2.62.1Corpora si qua sunt in bonis defuncti, secundum rei ueritatem aestimanda erunt, hoc est secundum praesens pretium: nec quicquam eorum formali pretio aestimandum esse sciendum est.
If there are any corporeal objects among the assets of the deceased, they must be valued according to the truth of the matter, that is, according to their current price; and it must be known that none of them is to be valued at a nominal price.

Notes

  1. 35.2.62.prduo rei promittendi fuerint uel duo rei stipulandi — The legal term 'reus' (party to a transaction/contract) is combined here with the genitive of the future passive participle of 'promittere' (to promise) or 'stipulari' (to stipulate). The former refers to joint debtors (promisors) and the latter to joint creditors (stipulators).
  2. 35.2.62.prin pendenti esse, in utrius bonis computari oporteat id quod debetur uel ex cuius bonis detrahi — The phrase 'in pendenti esse' (to be in suspense / remain pending) functions impersonally, and the following indirect question clause starting with 'in utrius bonis...' serves as its substantive subject.

Cite this passage

Justinian I, The Digest of Justinian §35.2.62.pr-35.2.62.1. Humanitext Reader, https://reader.humanitext.ai/en/text/urn:cts:latinLit:phi2806.phi002.humanitext-lat1:35.2.62.pr-35.2.62.1

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