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RA 5919 Section 5

RA 5919 Section 5

Section 5

SEC. 5. The Philippine College of Commerce is hereby authorized to mortgage the above-described property for the purpose of constructing the building or buildings to government owned or controlled corporations only. In case the Philippine College of Commerce is dissolved or ceases, for any reason, to undertake its objectives, or ceases to need the land for any reason, the said land shall ipso facto revert to the national government without compensation. All the foregoing conditions shall be included in the deed of transfer to be executed by the President of the Philippines and annotated at the back of the title.

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Other provisions in RA 5919

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 5919 Section 5 (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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