PD 286 Section 4

Section 4

SEC. 4. Board of Directors. The Corporation shall be governed and its activities shall be directed, controlled and managed by a Board of Directors which shall be composed of four (4) ex officio members, namely, the Executive Secretary, the Secretary of National Defense, the Chairman, Board of Governors of the Development Bank of the Philippines and the Chairman, Board of Investments and three (3) members to be appointed by the President of the President. The three appointive directors shall each serve for a term of four (4) years. The President shall appoint a Chairman from among the seven directors.

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Other provisions in PD 286

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 286 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).

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