SEC. 4. Subsection (b) of Section six of the
same Act is hereby amended to read as follows:
"SEC. 6(b). No non-stock savings and loan
association shall advertise or represent itself to the public as a bank.
A stock savings and loan association may use the word bank in
connection with its business name only upon compliance with such
requirements as may be imposed by, and prior approval of, the Monetary
Board."
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
CitationPD 113 Section 4 (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).
