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Act No. 2874 Section 115

Act No. 2874 Section 115

Section 115

SEC. 115. All sums due and payable to the Government under this Act shall draw interest at the rate of six per centum per annum from and after the date in which the debtor shall become delinquent. The Director of Lands may however, remit such interest in the case of applicants for homesteads if it shall appear that the delinquency is due to no fault or neglect on their part.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XIV.—Applications, procedure, concession of lands, and →

Other provisions in CHAPTER XIV.—Applications, procedure, concession of lands, and

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. 2874 Section 115 (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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