RA 11597 (Philippine Veterans Bank Act) Section 27

Penalties for Violation of the Provisions of this Act.

Section 27

SEC. 27. Penalties for Violation of the Provisions of this Act. - Any director, officer, employee, or agent of the Veterans Bank who violates or permits the violation of any of the provisions of this Act, or any person aiding or abetting the violation of any provision of this Act, shall be punished by a fine not exceeding One hundred thousand pesos (P100,000.00) or imprisonment of not more than five (5) years, or both, at the discretion of the court.

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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 27 (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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