In a quick review of all the Panamanian legislation on the subject of retention, the first thing we observe is that there are many scattered norms. In the Civil Code is Article 439 and some rights derived from real estate, there is a regulation also segmented in the Commercial Code and in the law number 119 of 1974, which dictates provisions on sales of goods and services to credit, revolving accounts of credit, which does not take into consideration the protection established in the Family Code for these assets. There is also a regulation in mortgage loan contracts and in the law of insurance and tax law. So we propose a study of the legislative, doctrinal and jurisprudential advances in this matter.
Taking as a basis that the Panamanian Civil Code was approved by law 2 of 1916.