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RA 337 Section 25

Section 25

SEC. 25. Any commercial bank may purchase, hold, and convey real estate for the following purposes: (a) Such as shall be necessary for its immediate accommodation in the transaction of its business: Provided, however, That the total investment in such real estate and improvements thereof shall not exceed twenty-five percent (25%) of its paid-up capital stock and surplus; (b) Such as shall be mortgaged to it in good faith by way of security for debts; (c) Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings; (d) Such as it shall purchase at sales under judgments, decrees, mortgages, or trust deeds held by it and such as it shall purchase to secure debts due to it. But no such bank shall hold the possession of any real estate under mortgage or trust deed, or the title and possession of any real estate purchased to secure any debt due to it, for a longer period than five years.

Read the full instrument → · Open the chapter this section belongs to: Chapter IV.—Commercial Banking Corporations →

Other provisions in Chapter IV.—Commercial Banking Corporations

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 2026-07-04

CitationRA 337 Section 25 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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