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CA 394 Section 10

Section 10

SEC. 10. Section two thousand and twenty-seven of the Administrative Code is amended so as to read as follows: "SEC. 2027. Title of beneficiary.—The rights acquired by a beneficiary under such nomination shall not be greater than he might have acquired as legatee under the depositor's will. Such nomination, if executed before the birth of a descendant of the depositor, shall be automatically rendered of no effect from the date of such birth. "SEC. 11. This Act shall take effect upon its approval. Approved, September 5, 1938.

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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

CitationCA 394 Section 10 (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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