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PD 1827 Section 9

PD 1827 Section 9

Section 9

SEC. 9. The second paragraph of Section 34 of the same Act is hereby amended to read as follows: "Whenever a bank or non-bank financial intermediary performing quasi-banking functions persists in violating its charter or by-laws or any law, or orders, instructions, rules or regulations issued by the Monetary Board, or whenever a bank of non-bank financial intermediary performing quasi-banking functions persists in carrying on its business in an unlawful or unsafe manner, the Board may without prejudice to the penalties provided in the preceding paragraph of this section and the administrative sanctions provided in

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Other provisions in PD 1827

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 1827 Section 9 (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).

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