Practice question
When must the Section1 bond be filed relative to filing the settlement instrument?
- Only after every possible lawsuit ends
- Simultaneously, as a condition precedent
- Only a century later
- Never before sale of every asset
- Only after a creditor wins abroad
Legal references
- Rules74 and76–79, relevant procedural provisions (current competent court assumed, without obsolete court labels or monetary jurisdiction): https://lawphil.net/courts/rules/rc_72-109_proceedings.html
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