SEC. 10. Banks are hereby authorized to issue preferred stock in accordance with the provisions of this Act. Banks which do not receive aid under the provisions of this Act are hereby authorized to issue preferred a common stock, or both, for the purpose of rehabilitating themselves.
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 726 Section 10 (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).
