Section 656
Statutory text (Thai original)
ถ้าทำสัญญากู้ยืมเงินกัน และผู้กู้ยืมยอมรับเอาสิ่งของหรือทรัพย์สินอย่างอื่นแทนจำนวนเงินนั้นไซร้ ท่านให้คิดเป็นหนี้เงินค้างชำระโดยจำนวนเท่ากับราคาท้องตลาดแห่งสิ่งของหรือทรัพย์สินนั้นในเวลาและ ณ สถานที่ส่งมอบ ถ้าทำสัญญากู้ยืมเงินกัน และผู้ให้กู้ยืมยอมรับเอาสิ่งของหรือทรัพย์สินอย่างอื่นเป็นการชำระหนี้แทนเงินที่กู้ยืมไซร้ หนี้อันระงับไปเพราะการชำระเช่นนั้น ท่านให้คิดเป็นจำนวนเท่ากับราคาท้องตลาดแห่งสิ่งของหรือทรัพย์สินนั้นในเวลาและ ณ สถานที่ส่งมอบ ความตกลงกันอย่างใด ๆ ขัดกับข้อความดังกล่าวมานี้ ท่านว่าเป็นโมฆะ
Verbatim from the Royal Gazette / Office of the Council of State
English translation
If a loan is made for a sum of money, and the borrower accepts goods or other property instead of such sum, the amount of the debt due shall be considered as equal to the market value of the goods or property at the time and place of delivery. If a loan is made for a sum of money, and the lender accepts goods or other property for the repayment of the loan, the amount of the debt extinguished thereby shall be considered as equal to the market value of the goods or property at the time and place of delivery. Any agreement to the contrary is void.
This English translation is provided for reference only and has not yet been firm-verified. Always rely on the Thai original.
Firm annotation
Section 656 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source, with the English translation from the FAO/UN FAOLEX repository. Always rely on the Thai original for legal proceedings.
Cited in 51 Supreme Court decisions (1946 to 2024)
Selected citing decisions
- Decision 6964/2567 (2024)
- Decision 1201/2565 (2022)
- Decision 3437/2559 (2016)
- Decision 13678/2558 (2015)
- Decision 4288/2558 (2015)
- Decision 7378/2552 (2009)
- Decision 5442/2551 (2008)
- Decision 142/2550 (2007)
This list is selected automatically, weighted towards judgments that turn on this section rather than ones that merely recite it when passing sentence. It has not yet been reviewed by the firm.
Most often cited alongside
Sections that appear in the same judgments as this one most often. The figure is the number of decisions.
Counted across the firm's corpus of 83,652 Supreme Court decisions, 1921 to 2026. The count is complete; the stated year range trims rare outliers so it describes where the citations actually sit. These figures are computed by us and are not official court statistics. How we count these, and what we measured
Related guides on ThaiLawOnline
Cite this section
-
Plain citation
Civil and Commercial Code, s. 656 (Thailand) -
Academic citation
Civil and Commercial Code (Thailand), s. 656. ThaiLawOnline, https://www.thailawonline.com/thai-civil-code/section-656/ (accessed 8 August 2026). -
Thai citation
ป.พ.พ. มาตรา 656 -
Permalink
https://www.thailawonline.com/thai-civil-code/section-656/ -
Embed on your site
<blockquote cite="https://www.thailawonline.com/thai-civil-code/section-656/"><p>If a loan is made for a sum of money, and the borrower accepts goods or other property instead of such sum, the amount of the debt due shall be considered as equal to the market value of the goods or property at the time…</p><footer>Civil and Commercial Code, s. 656 (Thailand) — <a href="https://www.thailawonline.com/thai-civil-code/section-656/">ThaiLawOnline</a></footer></blockquote>
The Thai text is authoritative. The English is an unofficial translation by ThaiLawOnline, free to reuse with attribution.