SEC. 15. Subject to the provisions of section ten hereof, the President of the Philippines shall provide by executive order for the liquidation of the assets and liabilities of LASEDECO and is hereby authorized to transfer to NARRA such properties, equipment, assets and rights o. LASEDECO as may be needed by the former in carrying out the purposes and objectives of this 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 1160 Section 15 (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).