My bookmarksSign up free

Act No. 2427 Section 55

Section 55

SEC. 55. The mere transfer of a thing insured does no transfer the policy, but suspends it until the same person becomes the owner of both the policy and the thing insured.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I.—Insurance in general. →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

What to look at next