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Act No. 2031 Section 57

Act No. 2031 Section 57

Rights of holder in due course.

Section 57

SEC. 57. Rights of holder in due course.— A holder in due course holds the instrument free from any defect of title of prior parties, and free from defenses available to prior parties among themselves and may enforce payment of the instrument for the full amount thereof against all parties liable thereon.

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

Other provisions in CHAPTER IV.

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 57 (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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