SEC. 4. The proceeds of the sale of the insular bonds, authorized to be issued by this Act, are hereby appropriated for the payment of the bonds issued by the Province of Leyte and its four municipalities and assigned and transferred as security for the aforesaid Insular Government bonds in accordance with sections one and two of this Act.
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. 3481 Section 4 (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).
