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Subject to the provisions of this Chapter, a person may dispose of any property through a juristic act inter vivos or mortis causa which contains a provision prohibiting the beneficiary from alienating the property, but any person other than the beneficiary must be designated as the person absolutely entitled to the property upon violation of the inalienability provision.

The said designee must be one who is capable of having rights at the time the disposal of the property takes effect.

If no person has been designated as the person entitled to the property upon violation of the inalienability provision, such inalienability provision shall be deemed to have never existed at all.

The inalienability provision under the previous section may be subject to a time limit or may last for the life of the beneficiary.

In the event that no time limit has been designated for the inalienability, if the beneficiary is a natural person, the inalienability provision shall be deemed to endure