SEC. 2. The credit mentioned in the next preceding
Section may be extended to the beneficiaries named therein based on the
feasibility of the project and their paying capacity, their estimated
production, and/or securities they can provide as well as such assets as
may be acquired by them from the proceeds of the loan.
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 717 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).
