Philippine Bar review · Question

Practice question: Registration of Notice of Security Interest

Multiple Choice Easy

Practice question

When does a notice become effective under Section 30(a)?
  1. When a creditor first thinks of filing
  2. When an unrelated email is drafted
  3. Only after a debtor’s death
  4. When it is discoverable in the Registry records
  5. Only after ten years

Legal references

  • RA 11057, Section 30(a): https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html

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