Can I read Understanding BP 22: Key Elements and Jurisdiction on EtoBox?
Understanding BP 22: Key Elements and Jurisdiction by AJ Santos is a document available to read on EtoBox.
What is Understanding BP 22: Key Elements and Jurisdiction about?
BP 22 is the law that punishes bouncing checks in the Philippines. It aims to discourage bouncing checks and restore respectability to checks. However, two developments have weakened its effectiveness. First, courts now only impose fines rather than imprisonment in most cases. Second, courts now require prosecutors to prove the issuer actually received notice of dishonor, which is difficult to establish. This high burden of proof has led to many acquittals. While BP 22 still aims to deter bouncing checks, i
- Author
- AJ Santos
- Language
- EN