SEC. 11. The grantee, shall file a bond in the amount of twenty thousand pesos to guarantee for the full compliance and fulfillment of the conditions under which this franchise is granted. If, after four years from date of the approval of this Act, the grantee shall have fulfilled said conditions or as soon thereafter as the grantee shall have fulfilled the same, the bond aforesaid shall be cancelled by the Government.
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 6603 Section 11 (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).
