Bill Type
Long Title
AN ACT AMENDING SECTION 1 OF BATAS PAMBANSA BILANG 22 BY EXEMPTING THEREFROM THE ISSUANCE OF ANY POSTDATED CHECK WITHOUT SUFFICIENT FUNDS OR CREDIT DRAWN AS A REQUIREMENT TO GUARANTEE A LOAN OR INSTALLMENT PAYMENT, AND FOR OTHER PURPOSES
Congress Author
Date filed
July 1, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB00054
FULL TITLE : AN ACT AMENDING SECTION 1 OF BATAS PAMBANSA BILANG 22 BY EXEMPTING THEREFROM THE ISSUANCE OF ANY POSTDATED CHECK WITHOUT SUFFICIENT FUNDS OR CREDIT DRAWN AS A REQUIREMENT TO GUARANTEE A LOAN OR INSTALLMENT PAYMENT, AND FOR OTHER PURPOSES
ABSTRACT : DECRIMINALIZES the issuance of any postdated check without sufficient funds of credit drawn as a requirement to guarantee a loan or installment payment for the purchase or lease of any property or services where such issuance is made as a requirement.
PRINCIPAL AUTHOR/S : AUMENTADO, ERICO B.
DATE FILED : 1998-07-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON JUSTICE ON 1998-07-28

Abstract

DECRIMINALIZES the issuance of any postdated check without sufficient funds of credit drawn as a requirement to guarantee a loan or installment payment for the purchase or lease of any property or services where such issuance is made as a requirement.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.