SEC. 2. Such bonds shall be deposited by the Treasurer of the Philippines with and held by the Chief of the Bureau of Insular Affairs for the purpose above stated and they or their proceeds shall be applied by said Chief, when so directed by the Secretary of War after consultation with the President of the Philippines, to the extent necessary to effectuate the purpose 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
CitationCA 282 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).
