PD 1445 Section 59

Audit of liabilities.

Section 59

SEC. 59. Audit of liabilities. —In his audit of liabilities, the auditor shall seek to establish that all obligations of the agency have been accurately recorded; only bonafide obligation of the agency have been includes; the obligations incurred are properly authorized; all provisions of trust indentures or mortgages are complied with; and mortgages and other encumbrances are fully disclosed.

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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 2026-07-04

CitationPD 1445 Section 59 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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