Section 2
SEC. 2. All Personal property shall be subject to mortgage, agreeably to the provisions of this Act, and a mortgage executed in pursuance thereof shall he termed a chattel mortgage.
Act No. 1508 Section 2
SEC. 2. All Personal property shall be subject to mortgage, agreeably to the provisions of this Act, and a mortgage executed in pursuance thereof shall he termed a chattel mortgage.
CitationAct No. 1508 Section 2 (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).