Text of the provision
Sec. 8. Effect of attachment of debts, credits and all other similar personal property. — All persons having in their possession or under their control any credits or other similar personal property belonging to the party against whom attachment is issued, or owing any debts to him, at the time of service upon them of the copy of the writ of attachment and notice as provided in the last preceding section, shall be liable to the applicant for the amount of such credits, debts or other similar personal property, until the attachment is discharged, or any judgment recovered by him is satisfied, unless such property is delivered or transferred, or such debts are paid, to the clerk, sheriff, or other proper officer of the court issuing the attachment.
2019 Rules of Civil Procedure (A.M. No. 19-10-20-SC), Rule 57, Section 8. Reproduced verbatim and verified word-for-word against the Supreme Court's official text and the ChanRobles rendering.
About this section
This is Section 8 of Rule 57 (Preliminary Attachment) of the 2019 Rules of Civil Procedure, the rules promulgated by the Supreme Court in A.M. No. 19-10-20-SC and in force since May 1, 2020. The text above is reproduced verbatim from the current rules.
Related provisions
- Section 7 — Attachment of real and personal property; recording thereof.
- Section 9 — Effect of attachment of interest in property belonging to the estate of a decedent.
Cases citing this section
- Authorities on this section will be added here as each is verified against primary sources.