SEC. 9. The grantee shall post a bond in the amount of ten thousand pesos to answer for the fulfillment of the terms embodied in the franchise.If after two years from the date of the acceptance of the franchise the grantee shall have complied with the terms thereof, the Secret of Public Works and Communications shall cause the cancellation of the aforesaid bond.
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 4794 Section 9 (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).
