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Act No. 2682 Section 15

Act No. 2682 Section 15

Section 15

SEC. 15. The sum of thirty thousand pesos is hereby appropriated, out of any funds in the Insular Treasury not otherwise appropriated, for the proper operation of this Act; of this sum, five thousand pesos shall be set aside for the expenses of organizing the association and the remaining twenty-five thousand pesos shall be set aside for insurance or reserve funds: Provided, That this sum shall be reimbursable to the Insular Treasury as soon as the association has sufficient funds, in the discretion of the Insurance Board. "So far as this Act imposes duties upon public officials such duties shall be a part of the public duties of said officials, and shall be performed without additional compensation."

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Other provisions in Act No. 2682

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. 2682 Section 15 (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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