Term of legal existence.
Section 24
SEC. 24. Term of legal existence.— The legal existence of the Bank under this Act shall be for a period of fifty (50) years, from and after the date of the approval of this Act.
RA 3518 Section 24
RA 3518 Section 24
Other provisions in RA 3518
- Section 19
- Section 20: Action to collect balance of indebtedness.
- Section 21: Prohibition against charging fees in securing loans—Penalties for violation.
- Section 22: Allocation of net profits.
- Section 23: Board of Trustees of World War II.
- Section 25: Prohibition against the use of the word ''Veterans"—Penalty for violation.
- Section 26: Penalties for violation of the provisions of this Act.
- Section 27: Veterans Bank authorized to receive deposit of government funds as a Government Depository.
- Section 28: Articles of incorporation.
- Section 29: By-laws.
CitationRA 3518 Section 24 (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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