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PD 417 Section 4

Section 4

SEC. 4. That Section 5 of Presidential Decree No. 379 is hereby amended to read as follows: "SEC. 5. Contents of Statement. — The statement shall contain all the assets of the person, whether real or personal, and whether used in business or not. It shall also include those assets declared and included under Presidential Decree Nos. 23, 52, 53, 157, 213 and 370. "The liabilities shall include all known debts, which are legitimate and enforceable obligations, whether secured or unsecured, and whether incurred or not in trade or business."

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Other provisions in PD 417

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 417 Section 4 (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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