Section 15
SEC. 15. The grantee shall not, without the approval of the Public Service Commission, directly or indirectly, transfer, sell or assign this franchise to any person, association, company or corporation or other mercantile or legal entity.
RA 2957 Section 15
SEC. 15. The grantee shall not, without the approval of the Public Service Commission, directly or indirectly, transfer, sell or assign this franchise to any person, association, company or corporation or other mercantile or legal entity.
CitationRA 2957 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).