Bight of holder to sue; payment.
Section 51
SEC. 51. Bight of holder to sue; payment.— The holder of a negotiable instrument may sue thereon in his own name; and payment to him in due course discharges the instrument.
Act No. 2031 Section 51
Act No. 2031 Section 51
Other provisions in CHAPTER IV.
- Section 52: What constitutes a holder in due course.
- Section 53: When person not deemed holder in due course.
- Section 54: Notice before full amount paid.
- Section 55: When title defective.
- Section 56: What constitutes notice of defect.
- Section 57: Rights of holder in due course.
- Section 58: When subject to original defenses.
- Section 59: Who deemed holder in due course.
CitationAct No. 2031 Section 51 (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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