Section 21
SEC. 21. Deeds of Assignment, (a) Each government institution from which assets are to be transferred pursuant to this Decree shall and is hereby directed to execute, promptly at the request of the Trust (but in no event later than thirty days after the issuance by the President of the Philippines of the relevant instrument referred to in Section 20 (c) hereof, or such longer period as may be specified by the Trust), a deed of assignment in favor of the Trust, which shall, in annexes thereto, describe account by account, the nature and extent of such assets and to deliver to the Trust such agreements, instruments, records and other papers in respect of such assets as may be deemed by the trust reasonably necessary or appropriate. Each such deed of assignment shall constitute the Trust the attorney-in-fact of the government institution to enable the Trust to take such action and do such things as may be necessary or desirable to consolidate and perfect the title of the Trust to such assets. (b) A copy of such deed of assignment, together with excerpts from its annexes describing particular property to be transferred, certified to be true by the Secretary of the Trust before a notary public or other official authorized by law to administer oaths, shall provide sufficient basis to registers of deeds, transfer agents of corporations and other persons authorized to issues certificates of titles, shares of stock and other evidence of title to issue new certificates, shares of stock or other instruments evidencing title to the assets so described to and in the name of the Trust.