PD 1521 (The Ship Mortgage Decree of 1978) Section 24

Section 24

SEC. 24. Waiver of Right to Lien—Nothing in this Decree shall be construed to prevent the furnisher of repairs, supplies, towage, use of dry dock or marine railway, or other necessaries, or the mortgagee, from waiving his right to a lien, or in the case of a preferred mortgage lien, to the preferred status of such lien, at any time by agreement or otherwise.

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Other provisions in PD 1521 (The Ship Mortgage Decree of 1978)

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 1521 (The Ship Mortgage Decree of 1978) Section 24 (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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