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Understanding Batas Pambansa Blg 22 by TAETAE is a document available to read on EtoBox.

What is Understanding Batas Pambansa Blg 22 about?

BP 22 covers offenses related to issuing bouncing checks. Paragraph 1 punishes issuing a check knowing there are insufficient funds to cover it, while Paragraph 2 punishes failing to pay a previously issued check that bounced. The law aims to prevent harm from worthless checks circulating. It does not violate the Constitution regarding debt imprisonment, equal protection, or undue legislative delegation. A check is a bank order to pay, while bouncing means refusal to pay due to insufficient funds.

Author

TAETAE

Language

EN