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Page 1: Negotiable Instruments Law Syllabus Part 1

7/26/2019 Negotiable Instruments Law Syllabus Part 1

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NEGOTIABLE INSTRUMENTS LAW

By Atty. Mary Ann L. Reyes

COURSE OUTLINE

I. Introduction

1. History, Governing Laws A!t. "#$1, Co%e o& Co''er!e, New Civi( Co%e)

". A**(i!a+i(ity o& te Negotia+(e Instr-'ents Law

Rea% /a-&&'an vs. 0NB, " 0i( 12", Se*te'+er "3, 13"1

GSIS vs. CA, 14# SCRA 5$$, 6e+r-ary "$, 1323

$. Con!e*t o& Negotia+(e Instr-'ents

a. Negotia+(e Instr-'ents %e&ine%

+. 6-n!tions o& Negotia+(e Instr-'ents!. 7at is Lega( Ten%er, 8Se!. 5", 9#, New Centra( Ban: A!t; BS0 Cir!-(ar no.

5$4, "##9)<

Rea% Ti+a=ia vs. CA, ""$ SCRA 19$

0AL vs. CA, GR. 3122, >an. $#, 133#

. Cara!teristi!s o& Negotia+(e Instr-'ents

5. In!i%ents in te Li&e o& Negotia+(e Instr-'ents

9. /in%s o& Negotia+(e Instr-'ents

a. Negotia+(e 0ro'issory Notes Se!. 12, NIL)

i. *arties to a negotia+(e *ro'issory note

ii. :in%s o& negotia+(e *ro'issory note

+. Bi((s o& E?!ange Se!. 1"9, 125, NIL)

i. *arties to a +i(( o& e?!ange

ii. :in%s o& +i(( e?!ange

4. 7en Bi(( Treate% as Notes Se!. 14e, 1$#, NIL)

2. Bi((s an% Notes @isting-ise%

3. Negotia+(e Instr-'ents Co'*are% wit oter 0a*ers

Rea% Ses+reno vs. CA, GR 23"5", May ", 133$

1#. So'e NonNegotia+(e Instr-'ents

a. @o!-'ents o& Tit(e

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+. Letters o& Cre%it

!. Certi&i!ates o& Sto!:

%. 0osta( Money Or%er 

Rea% 0i(i**ine E%-!ation Co. vs. Soriano, GR L""#5, >-ne $#, 1341

e. Treas-ry 7arrants

Rea% Metro*o(itan Ban: vs. CA, 13 SCRA 193 1331)