Act No. 2031 Section 158

Protest before maturity where acceptor insolvent.

Section 158

SEC. 158. Protest before maturity where acceptor insolvent.— Where the acceptor lias been adjudged a bankrupt or an insolvent, or has made an assignment for the benefit of creditors, before the bill matures, the holder may cause the bill to be protested for better security against the drawer and indorse.

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

Other provisions in CHAPTER XII.

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 158 (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).

Continue your research

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