RA 2321 Section 9

Right of National Government to acquire grantee’s property.

Section 9

SEC. 9. Right of National Government to acquire grantee’s property.—It is expressly provided that, in the event the National Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender its franchise and turn over to the National Government shall pay the grantee its original investments and/or assume all the obligations of the grantee to finance the system.

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Other provisions in RA 2321

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 2321 Section 9 (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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