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Republic Act No. 898 (RA 898) — An Act Amending Republic Act Numbered Two Hundred Seventy-Five Fixing the Salaries of the Insurance Commissioner and the Assistant Insurance Commissioner.

Republic Act No. 898 (RA 898) — An Act Amending Republic Act Numbered Two Hundred Seventy-Five Fixing the Salaries of the Insurance Commissioner and the Assistant Insurance Commissioner.

Republic Act No. 898 · Republic Act · Approved June 20, 1953 · 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 one of Republic Act Numbered Two hundred seventy-five is hereby amended to read as follows: "SECTION 1. The bureau heretofore called the Bureau of Banking shall hereafter be known as the Office of the Insurance Commissioner and the Bank Commissioner and the Assistant Bank Commissioner shall hereafter be called respectively the Insurance Commissioner and the Assist ant Insurance Commissioner. The Insurance Commissioner shall receive an annual salary of ten thousand pesos and the Assistant Insurance Commissioner, seven thousand two hundred pesos."

Section 2

SEC. 2. This Act shall take effect upon its approval. Approved, June 20, 1953.

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

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