SEC. 7. The franchise granted by this Act shall not be alienated or transferred without the consent of the Governor-General, upon the recommendation of the Secretary of Agriculture and Natural Resources; but in no case shall such alienation or transfer, or the sales provided for in this Act, be made to others than citzens of the Philippine Islands or of the United States, or a corporation by them organized.
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. 2720 Section 7 (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).
