My bookmarksSign up free

PD 317 Section 2

Section 2

SEC. 2. Section 189 of the same Act, as amended, is amended by adding another paragraph immediately following the first paragraph and to read as follows: "The Insurance Commissioner shall, upon recommendation and certification of the Department of Local Government and Community Development through the Bureau of Cooperatives on the qualification of a cooperative society which is a member of an insurance cooperative, issue a certificate of authority to such cooperative society to act as agent, general or commission or sub-agent, or broker for an insurance cooperative of which it is a member, in the solicitation or procurement of application for insurance. With respect to individual persons applying for authority to act as such agent, sub-agent or broker of an insurance cooperative the issuance of the certificate of authority shall be lodged exclusively to the determination and discretion of the Insurance Commissioner."

Read the full instrument →

Other provisions in PD 317

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 317 Section 2 (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).

Continue your research