Amendment to Art. 1924 of the Civil Code
Act No. 4114, enacted on December 7, 1933, amends Article 1924 of the Philippine Civil Code to establish a hierarchy of preferred credits for the benefit of laborers and other creditors. It prioritizes certain debts, including unpaid taxes to local governments, court costs, funeral expenses, and wages for laborers and domestic servants incurred in the last year. The Act ensures that these credits have preference over others and are ranked by the date of the respective instruments or judgments. This legislation aims to protect the rights and interests of laborers during insolvency proceedings. The Act took effect upon its approval.
Quick Answers
- What is Amendment to Art. 1924 of the Civil Code about?
- Act No. 4114, enacted on December 7, 1933, amends Article 1924 of the Philippine Civil Code to establish a hierarchy of preferred credits for the benefit of laborers and other creditors. It prioritizes certain debts, including unpaid taxes to local governments, court costs, funeral expenses, and wages for laborers and domestic servants incurred in the last year. The Act ensures that these credits have preference over others and are ranked by the date of the respective instruments or judgments. This legislation aims to protect the rights and interests of laborers during insolvency proceedings. The Act took effect upon its approval.
- What type of law is Act No. 4114?
- Amendment to Art. 1924 of the Civil Code (Act No. 4114) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendment to Art. 1924 of the Civil Code enacted?
- Amendment to Art. 1924 of the Civil Code (Act No. 4114) was enacted on Dec 7, 1933.
- What is the citation for Amendment to Art. 1924 of the Civil Code?
- Amendment to Art. 1924 of the Civil Code, Act No. 4114, Dec 7, 1933 (Philippines)
Law Information
- Reference Number
- Act No. 4114
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 7, 1933
ACT NO. 4114
AN ACT TO AMEND ARTICLE NINETEEN HUNDRED AND TWENTY-FOUR OF THE CIVIL CODE FOR THE BENEFIT OF THE LABORERS
SECTION 1. Article nineteen hundred and twenty-four of the Civil Code is hereby amended to read as follows:
"ART. 1924. With respect to the other personal and real property of the debtor, the following credits shall be preferred:
"1. Credits in favor of the province or municipality for the taxes of the last year, due and unpaid, not included in paragraph one of article nineteen hundred and twenty-three;
"2. Those due:
"A. For court costs and expenses of the administration of the estate of an insolvent for the common benefit of the creditors, incurred with the proper authorization or approval;
"B. For the funeral expenses of the debtor, according to the customs of the place, and also those of his wife and of his children under his parental authority, should they have no property of their own;
"C. For expenses of the last illness of said persons, incurred during the last year, computed up to the day of their death;
"D. For daily wages, salaries and legal compensations of laborers, clerks and domestic servants, for the last year;
"E. For provisions, clothing, or shoes furnished the debtor during the same period for his own use and that of members of his family subject to his authority;
"F. For his support during the insolvency proceedings unless given out of pure liberality.
"3. Credits which without a special privilege are evidenced by:
"A. A public instrument; or
"B. A final judgment, should they have been the subject of litigation."
These credits shall have preference among themselves in the order of the priority of dates of the instruments and of the judgments respectively.
SECTION 2. This Act shall take effect on its approval.
Approved, December 7, 1933.
Cite This Law
Amendment to Art. 1924 of the Civil Code, Act No. 4114, Dec 7, 1933 (Philippines)
Amendment to Art. 1924 of the Civil Code, Act No. 4114 (Phil. 1933)
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