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Act No. 1055 Section 6

Act No. 1055 Section 6

Section 6

SEC. 6. All deposits made by the cashier in a designated depository shall be deposited "To the credit, of the Treasurer of the Philippine Islands," and said depository shall issue receipts in duplicate to the cashier for all deposits so received and shall transmit to the Treasurer and Auditor for the Philippine Islands at the close of each month complete abstracts of said deposits, showing the name of the depositor, the number of the receipt, and the amount deposited. The cashier shall take credit in his accounts for all deposits so made, supporting the same by the original receipt of the depositor issued therefor. Deposits when so made shall be subject only to the order of the Treasurer of the Philippine Islands.

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Other provisions in Act No. 1055

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

CitationAct No. 1055 Section 6 (LawPlayer, data as of July 4, 2026)

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

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