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CA 459 Section 36

Section 36

SEC. 36. The affairs and business of the Agricul­tural and Industrial Bank shall be directed and its property managed and preserved, unless otherwise provided in this Act, by a Board of Directors consisting of seven members to be appointed by the President of the Philip­pines, with the consent of the Commisison on Appoint­ments of the National Assembly. If they are not offi­cers or employees of the Government receiving a fixed compensation or salary from public funds, they shall be paid a per diem in no case to exceed twenty-five pesos for each session of the said Board of Directors attended by them.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II.—Officers and Employees →

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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