SEC. 13. Disposition of Assets Upon Dissolution — In the event of dissolution of the Foundation, its remaining assets, after the return of the government's donation and payment of other liabilities, shall be disposed of and turned over to any foundation institution dedicated to the same or similar pursuits as the foundation, or to the Republic of the Philippines or any of its agencies or instrumentalities, as the Board of Trustees may determine.
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 1289 Section 13 (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).
