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Act No. 2616 Section 7

Act No. 2616 Section 7

Section 7

SEC. 7. No claim being presented in the three months subsequent to the publication of the advertisements prescribed in subsection (c) of section five, the things saved shall be sold at public auction, and their proceeds, after deducting the expenses and the proper reward, shall be deposited in the Insular Treasury. If three years shall pass without anyone claiming it, one-half of the deposit shall be adjudged to him who saved the things, and the other half to the Insular Government.

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Other provisions in Act No. 2616

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. 2616 Section 7 (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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