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

1. Concept

Art. 166. Forging treasury or bank notes or 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 forced obligation or notes shall be punished as follows:1. By reclusion temporal in its minimum period and a fine not to exceed two million pesos (₱2,000,000), if the document which has been falsified, counterfeited, or altered is an obligation or security of the Philippines.The words ‘obligation or security of the Philippines’ shall mean all bonds, certificates of indebtedness, national bank notes, coupons, Philippine notes, treasury notes, fractional notes, certificates of deposit, bills, checks, or drafts for money, drawn by or upon authorized officers of the Philippines, and other representatives of value, of whatever denomination, which have been or may be issued under any act of Congress.2. By prisión mayor in its maximum period and a fine not to exceed one million pesos (₱1,000,000), if the falsified or altered documents is a circulating note issued by any banking association duly authorized by law to issue the same.3. By arresto mayor in its medium period and a fine not to exceed one million pesos (₱1,000,000), if the falsified or counterfeited document was issued by a foreign government.4. By prisi...