SEC. 2. It is expressly provided that in the event the government should desire to maintain and operate for itself the said plant and enterprise, the vendee shall surrender his franchise and turn over to the Government all serviceable equipment, at cost, less reasonable depreciation.
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 2293 Section 2 (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).
