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RA 580 (Home Financing Act) Section 21

Section 21

SEC. 21. Each institution whose application for insurance under this Chapter is approved by the Commission shall be entitled to insurance up to the par value of the shares of each of its shareholders: Provided, however, That no shareholder shall be insured for an aggregate amount in excess of ten thousand pesos.

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Other provisions in CHAPTER III

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 2026-07-04

CitationRA 580 (Home Financing Act) Section 21 (LawPlayer, data as of 2026-07-04)

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

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