Act No. 561 Section 1

Section 1

SECTION 1. Act Numbered Five hundred and thirty-six, entitled "An Act relative to recognizances, stipulations, bonds, and undertakings, and to allow certain corporations to be accepted as surety thereon," as amended by Act Numbered Five hundred and thirty-eight, is hereby further amended by striking out section eleven of said Act and inserting the following: "SEC. 11. No surety company now doing business in these Islands shall be disqualified from executing surety bonds prior to February first, nineteen hundred and three, under the terms of this Act. "SEC. 12. This Act shall take effect on February first, nineteen hundred and three."

Read the full instrument →

Other provisions in Act No. 561

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. 561 Section 1 (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).

Continue your research

Act No. 561, full textThe complete text of this law, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview