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RA 11057 (Personal Property Security Act) Section 37

RA 11057 (Personal Property Security Act) Section 37

Disclosure of Information.

Section 37

SEC. 37. Disclosure of Information. - (a) The secured creditor must provide to the grantor at its request: (1) The current amount of the unpaid secured obligation; and (2) A list of assets currently subject to a security interest. (b) The secured creditor may require payment of a fee for each request made by the grantor in subsection (a) in this section, but the grantor is entitled to a reply without, charge once every six (6) months. (c) A security interest in a deposit account shall not: (1) Affect the rights and obligations of the deposit-taking institution without its consent; or (2) Require the deposit-taking institution to provide any information about the deposit account to third parties.

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Other provisions in CHAPTER 5

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 37 (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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