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Republic Act

AN ACT PROVIDING FOR THE LOAN OF TWO THOUSAND FIVE HUNDRED DOLLARS FROM THE CENTRAL TREASURY TO THE TREASURY OF EACH PROVINCE ORGANIZED UNDER THE GENERAL PROVINCIAL ACT, TO BE REPAID ON OR BEFORE DECEMBER THIRTY-FIRST, NINETEEN HUNDRED AND TWO.

Number
Act No. 134
Date of approval
Sections
4
Section 1

SECTION 1. There is hereby appropriated, out of any funds in the Insular Treasury not otherwise appropriated, a sum sufficient to advance and pay two thousand five hundred dollars, in money of the United States, to the treasury of each province now or hereafter organized under the General Provincial Act.

Section 2

SEC. 2. The money appropriated in the first section shall be paid to the provincial treasurer of each province, upon the production by him to the Military Governor of a certified copy of a resolution of its provincial board requesting such loan, and agreeing to repay the money without interest on or before December thirty-first, nineteen Numbered and two. The provincial board shall have authority to request and receive any amount less than two thousand five hundred dollars, which it shall in its resolution fix, and the remainder of the appropriation for the province shall, after the presentation of such a resolution to the Military Governor, become unappropriated funds. If the provincial board of any province shall fail to request such a loan or a part thereof before October first, nineteen hundred and one, the amount herein appropriated for such province shall become unappropriated funds.

Section 3

SEC. 3. The money loaned under this Act shall be expended by the provincial board in the manner provided by law for provincial purposes.

Section 4

SEC. 4. This Act shall take effect on its passage.

Enacted, May 22, 1901.

4 sections

Cite this law

AN ACT PROVIDING FOR THE LOAN OF TWO THOUSAND FIVE HUNDRED DOLLARS FROM THE CENTRAL TREASURY TO THE TREASURY OF EACH PROVINCE ORGANIZED UNDER THE GENERAL PROVINCIAL ACT, TO BE REPAID ON OR BEFORE DECEMBER THIRTY-FIRST, NINETEEN HUNDRED AND TWO. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/act-134

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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