Article 1153
ELI5— what this means for you
The period for prescription of actions to demand accounting runs from the day the persons who should render the same cease in their functions.
Official text — RA 386
The period for prescription of actions to demand accounting runs from the day the persons who should render the same cease in their functions.
The period for the action arising from the result of the accounting runs from the date when said result was recognized by agreement of the interested parties. (1972)
Source: lawphil.net (RA 386 as amended)
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