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Act No. 2031 Section 182

Act No. 2031 Section 182

Payment by acceptor of bills drawn in sets.

Section 182

SEC. 182. Payment by acceptor of bills drawn in sets.—When the acceptor of a bill drawn in a set pays it without requiring the part bearing his acceptance to be delivered up to him, and that part at maturity is outstanding in the hands of a holder in due course, he is liable to the holder thereon.

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

Other provisions in CHAPTER XV.

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 182 (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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