SB 1105
Senate·20th Congress·Filed Aug 7, 2025
Revised Warehouse Receipts Law of the Philippines
An Act Strengthening and Modernizing the Warehouse Receipts System, Repealing Act No. 2137 or the 'warehouse Receipts Law of 1912' and Other Related Purposes
In plain language
The bill creates a national online system for storing and tracking electronic warehouse receipts, requires warehouses to be accredited, bonded and insured, and lets banks use those receipts as collateral, while imposing stiff penalties for fraud.
Agriculture and FisheriesInformation and Communications TechnologyConsumer ProtectionPublic Order and Safety
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Warehouse Receipts
Official sources
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SBN-1105 · Sources: BetterGov Open Congress, BatasWatch