Philippine Bar review · Question

Practice question: Registration of Notice of Security Interest

Multiple Choice Medium

Practice question

When may a continuation notice be registered under Section 33?
  1. At any time in the first decade after lapse
  2. Only within six months before the notice’s effective period expires
  3. Only after all rights are judicially canceled
  4. Never
  5. Only on the debtor’s birthday

Legal references

  • RA 11057, Section 33: https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html

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