PD 442 Article 248

Deposit of Contributions.

Article 248

ART. 248. Deposit of Contributions. — All the contributions collected by and remitted to the GSIS and SSS under this Title shall, within thirty (30) days of receipt, he deposited in interest bearing government deposit banks doing business in the Philippines, having an unimpaired paid-up capital and surplus equivalent to one million five hundred thousand pesos (P1,500,000) or over.

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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 442 Article 248 (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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