Acceptance for honor; how made.
Section 162
SEC. 162. Acceptance for honor; how made.— An acceptance for honor supra protest must be in writing, and indicate that it is an acceptance for honor, and must be signed by the acceptor for honor.
Act No. 2031 Section 162
Act No. 2031 Section 162
Other provisions in CHAPTER XIII.
- Section 161: When bill may be accepted for honor.
- Section 163: When deemed to be an acceptance for honor of the drawer.
- Section 164: Liability of the acceptor for honor.
- Section 165: Agreement of acceptor for honor.
- Section 166: Maturity of bill payable after sight; accepted for honor.
- Section 167: Protest of bill accepted for honor, and so forth.
- Section 168: Presentment for payment to acceptor for honor, how made.
- Section 169: When delay in making presentment is excused.
- Section 170: Dishonor of bill by acceptor for honor.
CitationAct No. 2031 Section 162 (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 legislationPhilippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearCHAPTER XIII. — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections