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Negotiable Instruments Law

ACT NO. 2031 February 03, 1911

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Negotiable Instruments Law | negotiable-instruments.blogspot.com Reviews
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ACT NO. 2031 February 03, 1911
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1 negotiable instruments law
2 demand
3 bearer
4 person; or
5 ii consideration
6 keywords consideration
7 iii negotiation
8 keywords negotiation
9 bills of exchange
10 x acceptance
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negotiable instruments law,demand,bearer,person; or,ii consideration,keywords consideration,iii negotiation,keywords negotiation,bills of exchange,x acceptance,keywords acceptance,xii protest,keywords protest,keywords checks,promissory notes,civil law
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Negotiable Instruments Law | negotiable-instruments.blogspot.com Reviews

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ACT NO. 2031 February 03, 1911

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1

Negotiable Instruments Law: XIII. ACCEPTANCE FOR HONOR

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ACT NO. 2031 February 03, 1911. XIII ACCEPTANCE FOR HONOR. Sec 162. Acceptance for honor; how made. - An acceptance for honor supra protest must be in writing and indicate that it is an acceptance for honor and must be signed by the acceptor for honor. Sec 163. When deemed to be an acceptance for honor of the drawer. - Where an acceptance for honor does not expressly state for whose honor it is made, it is deemed to be an acceptance for the honor of the drawer. Sec 167. Protest of bill accepted for h...

2

Negotiable Instruments Law: XII. PROTEST

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ACT NO. 2031 February 03, 1911. Sec 153. Protest; how made. - The protest must be annexed to the bill or must contain a copy thereof, and must be under the hand and seal of the notary making it and must specify:. A) The time and place of presentment;. B) The fact that presentment was made and the manner thereof;. C) The cause or reason for protesting the bill;. D) The demand made and the answer given, if any, or the fact that the drawee or acceptor could not be found. A) A notary public; or. Sec 159....

3

Negotiable Instruments Law: IV. RIGHTS OF THE HOLDER

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ACT NO. 2031 February 03, 1911. IV RIGHTS OF THE HOLDER. Sec 51. Right of holder to sue; payment. - The holder of a negotiable instrument may to sue thereon in his own name; and payment to him in due course discharges the instrument. Sec 52. What constitutes a holder in due course. - A holder in due course is a holder who has taken the instrument under the following conditions:. A) That it is complete and regular upon its face;. C) That he took it in good faith and for value;. Sec 55. When title defe...

4

Negotiable Instruments Law: IX. FORM AND INTERPRETATION

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ACT NO. 2031 February 03, 1911. IX FORM AND INTERPRETATION. IX FORM AND INTERPRETATION. Sec 126. Bill of exchange, defined. - A bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to order or to bearer. Sec 130. When bill may be treated as promissory note. - Where in a bill the drawer and drawee are the...

5

Negotiable Instruments Law: XIV. PAYMENT FOR HONOR

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ACT NO. 2031 February 03, 1911. XIV PAYMENT FOR HONOR. Sec 171. Who may make payment for honor. - Where a bill has been protested for non-payment, any person may intervene and pay it supra protest for the honor of any person liable thereon or for the honor of the person for whose account it was drawn. Sec 175. Effect on subsequent parties where bill is paid for honor. - Where a bill has been paid for honor, all parties subsequent to the party for whose honor it is paid are discharged but the paye...Sec 1...

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Corporate Code of the Philippines: TITLE VI : MEETINGS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE VI : MEETINGS. Sec 49. Kinds of meetings. - Meetings of directors, trustees, stockholders, or members may be regular or special. (n). Special meetings of stockholders or members shall be held at any time deemed necessary or as provided in the by-laws: Provided, however, That at least one (1) week written notice shall be sent to all stockholders or members, unless otherwise provided in the by-laws. Sec 52. Quorum in meetings. - Un...Sec 5...

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Corporate Code of the Philippines: TITLE VIII : CORPORATE BOOKS AND RECORDS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE VIII : CORPORATE BOOKS AND RECORDS. The records of all business transactions of the corporation and the minutes of any meetings shall be open to inspection by any director, trustee, stockholder or member of the corporation at reasonable hours on business days and he may demand, writing, for a copy of excerpts from said records or minutes, at his expense. However, if the paid-up capital of the corporation is less than P50,000.00, the ...

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Corporate Code of the Philippines: TITLE I : GENERAL PROVISIONS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE I : GENERAL PROVISIONS. Section 1. Title of the Code. - This Code shall be known as "The Corporation Code of the Philippines". Sec 2 Corporation defined. - A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Sec 5 Corporators and incorporators, stockholders and members. - Corporators are tho...

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Corporate Code of the Philippines: TITLE IV : POWERS OF CORPORATIONS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE IV : POWERS OF CORPORATIONS. Sec 36. Corporate powers and capacity. - Every corporation incorporated under this Code has the power and capacity:. 1 To sue and be sued in its corporate name;. 2 Of succession by its corporate name for the period of time stated in the articles of incorporation and the certificate of incorporation;. 3 To adopt and use a corporate seal;. 9 To make reasonable donations, including those for the public welfare o...

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Corporate Code of the Philippines: TITLE XI : NON-STOCK CORPORATIONS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE XI : NON-STOCK CORPORATIONS. The provisions governing stock corporation, when pertinent, shall be applicable to non-stock corporations, except as may be covered by specific provisions of this Title. (n). Commercial and Mercantile Law. Legal Ethics and Practical Exer. Political and International Law. Commercial and Mercantile Law. Corporate Code of the Philippines.

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Corporate Code of the Philippines: TITLE IX : MERGER AND CONSOLIDATION

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE IX : MERGER AND CONSOLIDATION. Sec 76. Plan or merger of consolidation. - Two or more corporations may merge into a single corporation which shall be one of the constituent corporations or may consolidate into a new single corporation which shall be the consolidated corporation. 1 The names of the corporations proposing to merge or consolidate, hereinafter referred to as the constituent corporations;. Sec 78. Articles of merger or co...

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Corporate Code of the Philippines: TITLE II : INCORPORATION AND ORGANIZATION OF PRIVATE CORPORATIONS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE II : INCORPORATION AND ORGANIZATION OF PRIVATE CORPORATIONS. Sec 12. Minimum capital stock required of stock corporations. - Stock corporations incorporated under this Code shall not be required to have any minimum authorized capital stock except as otherwise specifically provided for by special law, and subject to the provisions of the following section. 1 The name of the corporation;. 4 The term for which the corporation is to exist;.

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Corporate Code of the Philippines: TITLE VII : STOCKS AND STOCKHOLDERS

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Corporate Code of the Philippines. Batas Pambansa Bilang 68]. TITLE VII : STOCKS AND STOCKHOLDERS. Sec 60. Subscription contract. - Any contract for the acquisition of unissued stock in an existing corporation or a corporation still to be formed shall be deemed a subscription within the meaning of this Title, notwithstanding the fact that the parties refer to it as a purchase or some other contract. (n). 1 Actual cash paid to the corporation;. 4 Previously incurred indebtedness of the corporation;. The i...

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Commercial & Mercantile Law: About the Database

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Commercial and Mercantile Law. This database is about "Commercial and Mercantile Law". The following are still Under Constructions:. Retail Trade Liberalization Act of 2000. Commercial and Mercantile Law. Legal Ethics and Practical Exer. Political and International Law. Commercial and Merchantile Law. Corporate Code of the Philippines.

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Negotiable Instruments Law

ACT NO. 2031 February 03, 1911. I FORM AND INTERPRETATION. Section 1. Form of negotiable instruments. - An instrument to be negotiable must conform to the following requirements:. A) It must be in writing and signed by the maker or drawer;. B) Must contain an unconditional promise or order to pay a sum certain in money;. C) Must be payable on demand, or at a fixed or determinable future time;. D) Must be payable to order or to bearer; and. A) with interest; or. B) by stated installments; or. But an order...

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