RA 4155 Section 6

Sale of stock.

Section 6

SEC. 6. Sale of stock. — All stocks of locally produced Virginia leaf tobacco of the Agricultural Credit Administration and the Philippine Virginia Tobacco Administration, shall be sold at the best prices available. The proceeds shall be used to pay their obligations to the farmers, the FACOMAS, and also to the Central Bank of the Philippines. The balance of such obligation to the Central Dank of the Philippines shall be paid to the said bank over a period not to exceed ten (10) years, out of the Tobacco Fund. Any surplus shall accrue to the Tobacco Fund herein provided.

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Other provisions in RA 4155

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 4155 Section 6 (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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