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Section 83: Sec./Art. 83 | Act No. 2031 | AskBatas

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Act No. 2031
Section 83

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Act No. 2031

Section 83Sec./Art. 83

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This is the source text filed in the AskBatas corpus as Section 83 of Act No. 2031. The text below is preserved while paragraph breaks are added only for readability.

Provision: Section 83
Parent law: Act No. 2031
Reading time: 1 minute
Government source: No public source URL stored for this provision

Primary Text

Provision text

When instrument dishonored by nonpayment.- The instrument is dishonored by nonpayment when-

(a) It is duly presented for payment and payment is refused or can not be obtained; or

(b) Presentment is excused and the instrument is overdue and unpaid.

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