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Corporate Officer Liability in B.P. 22 by raffymedalla is a document available to read on EtoBox.

What is Corporate Officer Liability in B.P. 22 about?

(1) A corporate officer who signs a bouncing check can be held civilly liable under B.P. Blg. 22, even if acquitted of criminal liability. (2) While a corporation cannot be charged under B.P. Blg. 22, a separate civil action can be reserved against the corporation to recover the obligation. (3) The civil liabilities of the corporate officer under B.P. Blg. 22 and of the corporation itself are distinct. Pursuing one does not affect pursuing the other separately.

Author

raffymedalla

Language

EN