Indorsement in representative capacity.
Section 44
SEC. 44. Indorsement in representative capacity.— Where any person is under obligation to indorse in a representative capacity, he may indorse in such terms as to negative personal liability.
Act No. 2031 Section 44
Act No. 2031 Section 44
Other provisions in CHAPTER III.
- Section 39: Conditional indorsement.
- Section 40: Indorsement of instrument payable to bearer.
- Section 41: Indorsement where payable to two or more persons.
- Section 42
- Section 43: Indorsement where name in misspelled, and so forth.
- Section 45: Time of indorsement; presumption.
- Section 46: Place of indorsement; presumption.
- Section 47: Continuation of negotiable; presumption.
- Section 48: Striking out indorsement.
- Section 49: Transfer without indorsement: effect of.
CitationAct No. 2031 Section 44 (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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