Republic Act No. 89 (RA 89) — An Act to Amend Section Four of Commonwealth Act Numbered Five Hundred and Sixty-Five by Withdrawing the Exemption Granted in Favor of Cooperative Associations Referred to Therein from the Payment of Taxes.
Republic Act No. 89 (RA 89) — An Act to Amend Section Four of Commonwealth Act Numbered Five Hundred and Sixty-Five by Withdrawing the Exemption Granted in Favor of Cooperative Associations Referred to Therein from the Payment of Taxes.
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 four of Commonwealth Act Numbered Five hundred and sixty-five is hereby amended to read as follows:
"SEC. 4. The provisions of the Corporation Law and of existing laws regulating agricultural or other cooperative associations, as are not inconsistent with the provisions of this Act, shall apply to the cooperative associations herein authorized."