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RA 337 Section 64

Section 64

SEC. 64. The capital stock and funds of a trust company may be loaned or otherwise invested as its by-laws prescribe; if it does a commercial banking business in addition to its trust business, the investment of its funds other than trust funds shall be governed by the relevant provisions of Chapter IV of this Act. Real estate acquired by a trust company, in whatever manner and for whatever purpose, shall likewise be governed by the relevant provisions of section twenty-five of this Act.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VII.—Trust Corporations →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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