Section 380
SEC. 380. No cancellation of the policy shall be valid unless written notice thereof is given to the land transportation operator or owner of the vehicle and to the Land Transportation Commission at least fifteen days prior to the intended effective date thereof. Upon receipt of such notice, the Land Transportation Commission, unless it receives evidence of a new valid insurance in the prescribed form, or an endorsement of revival of the cancelled one, or other evidence of compliance with this chapter, shall order the immediate confiscation of the plates of the motor vehicle covered by such cancelled policy. The same may be re-issued only upon presentation of a new insurance policy which meets the requirements of this chapter, or an endorsement of revival of the cancelled one.