Section 28
SEC. 28. Rural Credit Associations may be dissolved. By resolution of the stockholder's general assembly approved by a two-third vote of all members at a regular or special meeting called for the purpose and with the approval of the Philippine National Bank. Upon liquidation of the business of the association in the discretion of the Philippine National Bank. In any case; the liquidation and dissolution shall be effected by the Philippine National Bank without the necessity of complying with the provisions of the corporation or any other law on the subject. Provided, however, That any settlement or decision made by the Philippine National Bank regarding any claim for or against an association in liquidation may be appealed by the party or parties concerned to the Secretary of Finance whose decision shall be final.