RA 387 Article 8

Concessionaire assumes risks.

Article 8

ART. 8. Concessionaire assumes risks.—Concessions re-ferred to in this Act shall be granted at the complete risk of the interested party. The Government does not guarantee the existence of petroleum or undertake, in any case, title warranty.

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

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