| Front | BOUNCING CHECKS LAW (B.P. Blg. 22) A. Making or Drawing and issuing a check knowing at the time of issue that he does not have sufficient funds. Elements: |
|---|---|
| Back | 1. That a person makes or draws and issues any check to apply on account or for value. 2. That the person knows that at the time of issue he does not have sufficient funds or credit with the drawee bank for the payment of such check upon its presentment 3. That the check is subsequently dishonored by the drawee bank for insufficiency of funds or credit, or would have been dishonored for the same reason had not the drawer, without any valid reason, ordered the bank to stop payment. |
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Check account notice bouncing law b.p blg requisites
Previous card: Sufficient bouncing checks law b.p blg offenses punished
Up to card list: Criminal Law book 2 Elements Philippines