SEC. 8. Section sixteen of the same Act is hereby amended to
read as follows:
"SEC. 16. Any city or municipal judge in his capacity as
notary public, ex officio shall administer the oath to or acknowledge
the instruments of any Rural Bank and its borrowers or mortgagors, free
from all charges, fees and documentary stamp tax, collectible under
existing laws, relative to any loan or transaction not exceeding five
thousand pesos."
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 122 Section 8 (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).
