SEC. 2. For the purposes of this Act, the following sureties are acceptable: (a) surety companies authorized to do
business in the Philippine Islands as such; (b) local corporations
having power to execute bonds; (c) copartnerships granting power to
members in articles or agreements to sign bonds; and (d) individuals
qualified to act as sureties.
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. 3560 Section 2 (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).