Act No. 2031 Section 149

When dishonored by nonacceptanee.

Section 149

SEC. 149. When dishonored by nonacceptanee.— A bill is dishonored by nonacceptanee— (a) When it is duly presented for acceptance and such an acceptance as is prescribed by this Act is refused or can not be obtained; or (b) When presentment for acceptance is excused, and the bill is not accepted.

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CitationAct No. 2031 Section 149 (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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