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RA 2629 Section 5

RA 2629 Section 5

Classification of investment companies.

Section 5

SEC. 5. Classification of investment companies.— the purposes of this Act, investment companies are divided into open-end and closed-end companies, defined as follows: "Open-end company" means an investment company which is offering for sale or has outstanding any redeemable security of which it is the issuer. "Closed-end company" means any investment company other than an open-end company.

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Other provisions in RA 2629

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 2629 Section 5 (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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