[ Act No. 3883, November 14, 1931 ]
AN ACT TO REGULATE THE USE IN BUSINESS TRANSACTIONS OF NAMES OTHER THAN TRUE NAMES, PRESCRIBING THE DUTIES OF THE DIRECTOR OF THE BUREAU OF COMMERCE AND INDUSTRY IN ITS ENFORCEMENT, PROVIDING PENALTIES FOR VIOLATIONS THEREOF, AND FOR OTHER PURPOSES.
Be it enacted by the Senate and House of Representatives of the Philippines in Legislature assembled and by the authority of the same:
SECTION 1. No person shall use or sign, on any written or printed receipt, or on any written or printed contract not verified by a notary public, or on any written or printed evidence of any agreement or business transaction, any name other than his true name, without first registering such other name, in the Bureau of Commerce and Industry, together with his true name and that of any other person having a joint or common interest with him in such contract, agreement, or business transaction.
SEC. 2. The Director of the Bureau of Commerce and Industry shall collect a registration fee of two pesos for each name registered, and it shall be his duty to satisfy himself, before effecting any registration, concerning the identity of the person or persons for whom registration is to be made under this Act.
SEC. 3. The Director of the Bureau of Commerce and Industry shall from time to time make such rules and regulations as he may deem necessary for the efficient execution of the provisions of this Act.
SEC. 4. Any person violating the provisions of section one of this Act shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be fined not less than fifty pesos and not more than two hundred pesos, or imprisoned not less than twenty days and not more than three months, or both, in the discretion of the court.
SEC. 5. This Act shall take effect upon its approval.
Approved, November 14, 1931.
SECTION 1. No person shall use or sign, on any written or printed receipt, or on any written or printed contract not verified by a notary public, or on any written or printed evidence of any agreement or business transaction, any name other than his true name, without first registering such other name, in the Bureau of Commerce and Industry, together with his true name and that of any other person having a joint or common interest with him in such contract, agreement, or business transaction.
SEC. 2. The Director of the Bureau of Commerce and Industry shall collect a registration fee of two pesos for each name registered, and it shall be his duty to satisfy himself, before effecting any registration, concerning the identity of the person or persons for whom registration is to be made under this Act.
SEC. 3. The Director of the Bureau of Commerce and Industry shall from time to time make such rules and regulations as he may deem necessary for the efficient execution of the provisions of this Act.
SEC. 4. Any person violating the provisions of section one of this Act shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be fined not less than fifty pesos and not more than two hundred pesos, or imprisoned not less than twenty days and not more than three months, or both, in the discretion of the court.
SEC. 5. This Act shall take effect upon its approval.
Approved, November 14, 1931.