Term of Legal Existence.
Section 25
SEC. 25. Term of Legal Existence. – The legal existence of the Veterans Bank under this Act shall be perpetual in accordance with Section 11 of Republic Act No. 11232.
RA 11597 (Philippine Veterans Bank Act) Section 25
RA 11597 (Philippine Veterans Bank Act) Section 25
Other provisions in RA 11597 (Philippine Veterans Bank Act)
- Section 20
- Section 21: Action to Collect Balance of Indebtedness.
- Section 22: Prohibition Against Charging Fees in Securing Loans; Penalties for Violation.
- Section 23: Allocation of Net Profit and Unrestricted Retained Earnings.
- Section 24: Board of Trustees of the Veterans of World War II to be Reorganized as Board of Trustees of Veterans.
- Section 26: Prohibition Against the Use of the Word “Veterans”; Penalty for Violation.
- Section 27: Penalties for Violation of the Provisions of this Act.
- Section 28
- Section 29: Articles of Incorporation.
- Section 30: Separability Clause.
CitationRA 11597 (Philippine Veterans Bank Act) Section 25 (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).
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