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Article 166 Revised Penal Code Philippines

Article 166 Revised Penal Code

Article 166 of the Revised Penal Code is about Forging treasury or bank notes on other documents payable to bearer; importing, and uttering such false or forged notes and documents. It is under Chapter One (Forgeries) of Title Four (Crimes Against Public Interest) of the Code.

Forging treasury or bank notes on other documents payable to bearer; importing, and uttering such false or forged notes and documents.

The forging or falsification of treasury or bank notes or certificates or other obligations and securities payable to bearer and the importation and uttering in connivance with forgers or importers of such false or forged obligations or notes, shall be punished as follows:

1. By reclusion temporal in its minimum period and a fine not to exceed P10,000 pesos, if the document which has been falsified, counterfeited, or altered, is an obligations or security of the United States or of the Philippines Islands.

The word “obligation or security of the United States or of the Philippine Islands” shall be held to mean all bonds, certificates of indebtedness, national bank notes, fractional notes, certificates of deposit, bills, checks, or drafts for money, drawn by or upon authorized officers of the United States or of the Philippine Islands, and other representatives of value, of whatever denomination, which have been or may be issued under any act of the Congress of the United States or of the Philippine Legislature.

2. By prision mayor in its maximum period and a fine not to exceed P5,000 pesos, if the falsified or altered document is a circulating note issued by any banking association duly authorized by law to issue the same.

See also  Article 136 Revised Penal Code Philippines

3. By prision mayor in its medium period and a fine not to exceed P5,000 pesos, if the falsified or counterfeited document was issued by a foreign government.

4. By prision mayor in its minimum period and a fine not to exceed P2,000 pesos, when the forged or altered document is a circulating note or bill issued by a foreign bank duly authorized therefor.


See also: Article 165 Revised Penal Code

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