Title
Enforcement of Sections 85 and 194 N.I.L.
Law
Act No. 2337
Decision Date
Feb 27, 1914
Act No. 2337 declares Sections 85 and 194 of Act No. 2031 as legally binding, repealing any conflicting provisions and ensuring the validity of actions taken under these sections.
A

Key Provisions Enforced

  • Sections 85 and 194 of Act No. 2031 (The Negotiable Instruments Law) are specifically declared valid and effective.
  • These sections primarily cover the treatment of negotiable instruments' maturity dates and related rules.

Repeal of Inconsistent Laws

  • Partial repeal of Act No. 2160 concerning the maturity of negotiable instruments on public holidays to avoid conflict with Sections 85 and 194.
  • Any other laws or parts thereof inconsistent with these sections are expressly repealed.

Validation of Past Actions

  • All previous actions performed under the provisions of Sections 85 and 194 since the law's effectivity are confirmed as valid and binding.

Effectivity Clause

  • The Act became effective immediately upon its passage on February 27, 1914.

Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.