RA 11057 (Personal Property Security Act) Section 59
RA 11057 (Personal Property Security Act) Section 59
Enforcement of Prior Interest.
Section 59
SEC. 59. Enforcement of Prior Interest. -
(a) If any step or action has been taken to enforce a prior interest before the effectivity of this Act. enforcement may continue under prior law or may proceed under this Act.
(b) Subject to subsection (a) of this section, prior law shall apply to a matter that is the subject of proceedings before a court before the effectivity of this 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 59 (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).
