Act No. 2031 Section 28

Effect of want of consideration.

Section 28

SEC. 28. Effect of want of consideration.—Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II. →

Other provisions in CHAPTER II.

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. 2031 Section 28 (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).

Continue your research

Act No. 2031, full textChapter navigation and full text, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year CHAPTER II. — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections