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CA 459 Section 17

Section 17

SEC. 17. Said real estate and debenture bonds shall be engraved, signed by the General Manager of the Agri­cultural and Industrial Bank, and authenticated by the Auditor-General, and shall bind the Agricultural and In­dustrial Bank to pay to the bearer thereof on the date therein named, unless sooner redeemed in accordance with the provisions of this Act, the principal sum mentioned in said bond, with interest payable semi-annually at such rate as the Agricultural and Industrial Bank may fix. Said bonds shall be payable in Manila except as hereinafter pro­vided, both as to principal and interest, in lawful money of the Philippines.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I. Establishment and Functions, Name, Domicile, and Duration →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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