SEC. 37. Section 72 of the same decree is hereby amended to
read as Section 74 as follows:
"SECTION 74. Depository for Reserves.—Any local
water utility which is accumulating reserves for capital improvement may
make specified time deposits of the same to the Administration in the
manner authorized for banks in handling trust funds. Such funds shall
not be used for operating purposes by the Administration."
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 768 Section 37 (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).