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Act No. 2031 Section 45

Act No. 2031 Section 45

Time of indorsement; presumption.

Section 45

SEC. 45. Time of indorsement; presumption.— Except where an indorsement bears date after the maturity of the instrument, every negotiation is deemed prima facie to have been effected before the instrument was overdue.

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

Other provisions in CHAPTER III.

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