My bookmarksSign up free

RA 11597 (Philippine Veterans Bank Act) Section 14

RA 11597 (Philippine Veterans Bank Act) Section 14

Appointments, Removal and Salaries of Other Veterans Bank Officers.

Section 14

SEC. 14. Appointments, Removal and Salaries of Other Veterans Bank Officers. – All other officers of the Veterans Bank shall be appointed and removed by the Board of Directors upon recommendation of the human resources committee of the Board: Provided, however, That all other circumstances being equal, preference in the appointment of the said Veterans Bank officers shall be given to veterans, or their widows, orphans or compulsory heirs, who must likewise possess the qualifications, integrity, experience and expertise in banking and finance under pertinent BSP rules and regulations. Said officers shall have duties and compensation which shall be set by the human resources committee with the approval of the Board of Directors.

Read the full instrument →

Other provisions in RA 11597 (Philippine Veterans Bank Act)

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

CitationRA 11597 (Philippine Veterans Bank Act) Section 14 (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).

Continue your research