Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 386, ALSO KNOWN AS THE CIVIL CODE, ARTICLE 941, ON LEGACIES AND DEVISES
Text as filed (link)
Date filed
January 12, 2021
Scope
Legislative History
| House Bill/Resolution NO. HB08353 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 386, ALSO KNOWN AS THE CIVIL CODE, ARTICLE 941, ON LEGACIES AND DEVISES |
| ABSTRACT : Proposes amendments to the Civil Code, Article 941, to be read as follows:"A legacy of generic personal property shall be valid ONLY if there be PERSONAL PROPERTY of ITS kind in the estate…""The right of choice shall belong to the executor or administrator, who shall comply with the legacy OR DEVISE by the delivery of PROPERTY OF THE KIND DESIGNATED IN THE LEGACY OR DEVISE, which is neither of inferior nor of superior quality." |
| PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS RAYMUND "LRAY" JR F. |
| DATE FILED : 2021-01-12 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON REVISION OF LAWS ON 2021-01-19 |
Abstract
Proposes amendments to the Civil Code, Article 941, to be read as follows:"A legacy of generic personal property shall be valid ONLY if there be PERSONAL PROPERTY of ITS kind in the estate.""The right of choice shall belong to the executor or administrator, who shall comply with the legacy OR DEVISE by the delivery of PROPERTY OF THE KIND DESIGNATED IN THE LEGACY OR DEVISE, which is neither of inferior nor of superior quality."
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.