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Act No. 1402 Section 49

Act No. 1402 Section 49

Section 49

SEC. 49. In case the disbursing officer or agent by whom such lost, destroyed, or stolen original check was issued is dead, or no longer in the service of the Philippine Islands, it shall be the duty of the Auditor to direct the Treasurer, or proper depository, to transfer from the balance to the credit of such disbursing officer or agent to the account of "outstanding liabilities" the amount of such lost, destroyed, or stolen check and to state an account in favor of the owner of the original check for the amount thereof.

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Other provisions in Act No. 1402

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 1402 Section 49 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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