Act No. 2031 Section 41

Indorsement where payable to two or more persons.

Section 41

SEC. 41. Indorsement where payable to two or more persons.— Where an instrument is payable to the order of two or more payees more' or indorsees who are not partners, all must indorse, unless the one indorsing has authority to indorse for the others.

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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 41 (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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