SEC. 7. Upon the organization of the new municipality, the proportionate share of the new Municipality of Tulay-na-Lupa in the obligations, funds, assets, and other properties of the Municipality of Labo shall be determined by the Provincial Board of Camarines Norte and transferred to the newly created municipality.
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 7155 Section 7 (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).