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Commonwealth Act No. 290 (CA 290) — An Act to Amend Section Five of the Amending Securities Act, So as to Include Certificates or Titles Issued to Its Members by Charitable or Mutual Aid and Benefit Societies or Associations in the Class of Exempt Securities Under the Provisions of the Said Act.

Commonwealth Act No. 290 (CA 290) — An Act to Amend Section Five of the Amending Securities Act, So as to Include Certificates or Titles Issued to Its Members by Charitable or Mutual Aid and Benefit Societies or Associations in the Class of Exempt Securities Under the Provisions of the Said Act.

Commonwealth Act No. 290 · Commonwealth Act · Approved June 9, 1938 · 2 sections

Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Section 1

SECTION 1. Section five of Commonwealth Act Numbered Eighty-three, known as "Securities Act," is amended by the insertion of a new paragraph immediately next to paragraph 8, subsection (a), to read as follows: "9. Certificates or titles issued to its members by any charitable or mutual aid and benefit society or association, where such society or association is provided with a permit issued by the Treasurer of the Philippines under the provisions of the Administrative Code."

Section 2

SEC. 2. This Act shall take effect as provided in section eleven of the Administrative Code. Approved, June 9, 1938.

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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