Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 386, ALSO KNOWN AS THE CIVIL CODE, ARTICLE 867
Text as filed (link)
Date filed
January 26, 2021
Scope
Legislative History
| House Bill/Resolution NO. HB08521 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 386, ALSO KNOWN AS THE CIVIL CODE, ARTICLE 867 |
| ABSTRACT : Provides that Art. 867, par. 2 of the Civil Code does not allow an absolute or temporary prohibition by the testator in the disposition of the estate "beyond the limit fixed in Art. 863." but there is no such period is provided therein.Aims therefore to amend Art. 867 so that Article 863 would correctly refer to Article 870 which provides the period limiting the prohibition on alienation to 20 years. |
| PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS RAYMUND "LRAY" JR F. |
| DATE FILED : 2021-01-26 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON REVISION OF LAWS ON 2021-02-01 |
Abstract
Provides that Art. 867, par. 2 of the Civil Code does not allow an absolute or temporary prohibition by the testator in the disposition of the estate "beyond the limit fixed in Art. 863." but there is no such period is provided therein.Aims therefore to amend Art. 867 so that Article 863 would correctly refer to Article 870 which provides the period limiting the prohibition on alienation to 20 years.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.