Bill Type
Congress Name
Long Title
AN ACT TO BE KNOWN AS "THE MARINE LIENS AND SHIP MORTGAGE ACT OF 2002
Date filed
February 7, 2007
Scope
Legislative History
House Bill/Resolution NO. HB06099 |
FULL TITLE : AN ACT TO BE KNOWN AS "THE MARINE LIENS AND SHIP MORTGAGE ACT OF 2002 |
SHORT TITLE : Maritime Liens and Ship Mortgage Act of 2002 |
ABSTRACT : "Maritime Liens and Ship Mortgage Act of 2002". The bill enumerates and defines the preference of maritime liens to enable ship financiers to assess favorably ship mortgages in the Philippines to ensure repayment of loans. Moreover, this bill deals with maritime liens separately from ship mortgages and limits the number of claims secured by maritime liens to a minimum. |
PRINCIPAL AUTHOR/S : SYJUCO, JUDY |
DATE FILED : 2007-02-07 |
SIGNIFICANCE: NATIONAL |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON TRANSPORTATION ON 2007-02-07 |
Abstract
"Maritime Liens and Ship Mortgage Act of 2002". The bill enumerates and defines the preference of maritime liens to enable ship financiers to assess favorably ship mortgages in the Philippines to ensure repayment of loans. Moreover, this bill deals with maritime liens separately from ship mortgages and limits the number of claims secured by maritime liens to a minimum.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.