RA 3844 Section 107

Section 107

SEC. 107. Security for Loans.&mdashThe production of the borrower, after deducting the lease rental and/or liens thereon, shall be accepted as security for loans: Provided, That said production is pledged to the Agricultural Credit Administration with appropriate safeguards to insure against its unauthorized disposition: Provided, further, That the amount of loan shall not exceed sixty per centum of the value of the estimated production.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER V.&mdashAGRICULTURAL CREDIT ADMINISTRATION →

Other provisions in CHAPTER V.&mdashAGRICULTURAL CREDIT ADMINISTRATION

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 3844 Section 107 (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).

Continue your research

RA 3844, full textChapter navigation and full text, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year CHAPTER V.&mdashAGRICULTURAL CREDIT ADMINISTRATION — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections