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Act No. 1389 Section 2

Act No. 1389 Section 2

Section 2

SEC. 2. The money appropriated by section one of this Act shall be paid to the treasurer of the Province of Samar upon the production by him to the Treasurer of the Philippine Islands of a certified copy of a resolution by the provincial board of the Province of Samar accepting the said loan and agreeing to repay the same, without interest, in two equal annual installments, the first within one year from the date of the acceptance of the loan by the provincial board of Samar, and the final payment within one year thereafter.

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Other provisions in Act No. 1389

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. 1389 Section 2 (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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