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RA 11057 (Personal Property Security Act) Section 2

RA 11057 (Personal Property Security Act) Section 2

Declaration of Policy.

Section 2

SEC. 2. Declaration of Policy. - It is the policy of the State to promote economic activity by increasing access to least cost credit, particularly for micro, small, and medium enterprises (MSMEs), by establishing a unified and modern legal framework for securing obligations with personal property.

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Other provisions in RA 11057 (Personal Property Security Act)

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

CitationRA 11057 (Personal Property Security Act) Section 2 (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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