Bill Type
Long Title
AN ACT TO BE KNOWN AS "THE MARINE LIENS AND SHIP MORTGAGE ACT OF 2002
Congress Author
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.