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RA 10142 Section 48

Use or Disposition of Assets.

Section 48

SEC. 48. Use or Disposition of Assets. — Except as otherwise provided herein, no funds or property of the debtor shall he used or disposed of except in the ordinary course of business of the debtor, or unless necessary to finance the administrative expenses of the rehabilitation proceedings.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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