Act No. 2031 Section 47

Continuation of negotiable; presumption.

Section 47

SEC. 47. Continuation of negotiable; presumption.— An instrument negotiable character. negOyable in its origin continues to be negotiable until it has been' restrictively indorsed or discharged by payment or otherwise.

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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 47 (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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