SEC. 2. The Secretary of War is further authorized to sell said bonds on such terms as are most favorable to the Government of the Philippines, and shall deposit the proceeds of the sales thereof with an authorized depository or depositories of the Government of the Philippines in the United States to the credit of the Treasurer of the Philippine Islands, and when so deposited said funds shall form part of the general funds of the Insular Treasury.
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. 2999 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).
