QuestionsQuestions (Act No. 561)
It amends Act No. 536 (as amended by Act No. 538) regarding recognizances, stipulations, bonds, undertakings, and which surety companies may be accepted—specifically by changing the effective disqualification rule and inserting new Sections 11 and 12.
Section 11 of Act No. 536 (as amended by Act No. 538) is struck out and replaced with a new Section 11, and a new Section 12 is inserted.
No surety company now doing business in these Islands shall be disqualified from executing surety bonds prior to February 1, 1903, under the terms of the Act.
No. The amended Section 11 expressly provides that such surety companies shall not be disqualified prior to February 1, 1903.
It marks the cut-off date before which surety companies now doing business in the Philippines cannot be disqualified from executing surety bonds under the Act.
It provides that the Act shall take effect on February 1, 1903.
Section 3 provides that the Act shall take effect on its passage.
A typical approach is to treat the inserted Section 12 as governing the effectivity of the amended provisions of Act No. 536, while Section 3 governs the effectivity of Act No. 561 itself on passage; however, students should analyze how the text intends the legislative effectivity rule to operate.
It is a direct legislative amendment technique: the old Section 11 is removed entirely and replaced with the new text provided in Act No. 561.
It requires students to read the amended statute in sequence—Act No. 536 as amended by Act No. 538, and then further amended by Act No. 561—to determine the current rule.
It covers recognizances, stipulations, bonds, undertakings, and allowing certain corporations to be accepted as surety thereon.
The public good requiring the speedy enactment of the bill—so passage is expedited.
Section two of “An Act prescribing the order of procedure by the Commission in the enactment of laws,” passed September 26, 1900.
It indicates the Philippine Commission acted under U.S. authority during the American colonial period, as reflected in early Philippine legislation.
Surety companies that are already doing business in the Philippines (“now doing business in these Islands”).