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SEC. 12. Any person in whose favor a patent has been issued for any invention or discovery, may transfer said patent by assignment, sale, exchange, or in any other manner in which title may be conveyed. No assignment, sale, exchange, or conveyance of patents shall be valid with regard to a third party unless such assignment, sale, exchange or conveyance has been recorded in the proper register of the Bureau of Commerce and Industry.
SEC. 13. In case the owner of a patent dies intestate, his rights shall be transmitted to his legitimate heirs. In the absence of these, they shall pass to the Government of the Philippine Islands which may, in its option, either put the invention to profit itself or sell the same to private individuals or corporations.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).