Philippine Foreign Loan Guarantee Corporation.
Section 1
SECTION 1. Philippine Foreign Loan Guarantee Corporation. — (a) There is hereby created a body corporate to be known as the Philippine Foreign Loan Guarantee Corporation, hereinafter referred to as the Corporation, which shall have succession in its corporate name. The Corporation shall have its principal office in the Greater Manila Area. The Corporation shall be deemed to be a wholly owned Government corporation and shall accordingly be subject to provisions of existing laws, rules and regulations applicable to Government-owned corporations not otherwise inconsistent with the provisions of this Decree.