CA 459 Section 12

Section 12

SEC. 12. The Agricultural and Industrial Bank shall have power to act as trustee on any mortgage or bond issued by any municipality, body politic, or corporation, and to accept and execute any other municipal or corporate trust not inconsistent with law. BONDS

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Other provisions in CHAPTER I. Establishment and Functions, Name, Domicile, and Duration

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CitationCA 459 Section 12 (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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