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CA 387 Section 14

Section 14

SEC. 14. The grantee, its successors or assigns, shall not issue stock or bonds except in exchange for actual cash or for property at a fair valuation equal to the par value of the stock or bonds issued, and said grantee, its successors or assigns, shall not use, employ, or contract for the labor " of persons claimed or alleged to be held in involuntary servitude.

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Other provisions in CA 387

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 387 Section 14 (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).

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