PD 115 Section 1

Short Title.

Section 1

SECTION 1. Short Title. — This Decree shall be known as the Trust Receipts Law.

Other provisions in PD 115

Preamble
Section 2: Declaration of Policy.
Section 3: Definition of terms.
Section 4: What constitutes a trust receipt transaction.
Section 5: Form of trust receipts; contents.
Section 6: Currency in which a trust receipt may be denominated.
Section 7: Rights of the entruster.
Section 8: Entruster not responsible on sate by entrustee.
Section 9: Obligations of the entrustee.
Section 10: Liability of entrustee for loss.

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

CitationPD 115 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).

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