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Republic Act

AN ACT AUTHORIZING THE INVESTMENT OF THE IMMUNIZED CATTLE INSURANCE FUND ESTABLISHED BY ACT NUMBERED TWENTY-FIVE HUNDRED AND FORTY-EIGHT.

Number
Act No. 2650
Date of approval
Sections
2
Section 1

SECTION 1. The immunized cattle insurance fund established by Act Numbered Twenty-five hundred and forty-eight is hereby made available for investment by the Insular Treasurer, with the approval of the Governor-General, in such loans and securities as are authorized by existing laws for the investment of deposits in the Postal Savings Bank, or for the investment of the insurance fund, created by Act Numbered Seventeen hundred and twenty-eight, as amended: Provided, That the rates of interest on all loans made by authority of this section shall be fixed by the Governor-General.

Section 2

SEC. 2. This Act shall take effect on its passage.

Enacted, February 24, 1916.

2 sections

Cite this law

AN ACT AUTHORIZING THE INVESTMENT OF THE IMMUNIZED CATTLE INSURANCE FUND ESTABLISHED BY ACT NUMBERED TWENTY-FIVE HUNDRED AND FORTY-EIGHT. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/act-2650

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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