Bouncing Checks Law, BP 22: Explainer
“Credit” – refers to an arrangement or understanding with the bank for the payment of such check. (Section 4, B.P. 22) 1. Crime a. Bouncing check 1st Mode (Insufficient funds) – Elements: 1) The making, drawing, and issuance of any check to apply for account or for value; 2) The knowledge of the maker, drawer,…