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CA 459 Section 38

Section 38

SEC. 38. Within the first twenty days after the approval of this Act, and annually on the first Tuesday after the first Monday of March, beginning with the year nineteen hundred and forty, the President of the Philip­pines shall appoint the members of the Board of Directors. Immediately after their appointment, the Directors shall organize as such and elect from among themselves a Chair­man and a Vice-Chairman. The latter shall assist the Chairman and act in his stead in the case of his absence or incapacity. DUTIES AND POWERS OF THE BOARD OF DIRECTORS

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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