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RA 720 Section 2

Section 2

SEC. 2. It shall be the declared policy of Congress-promote and expand the rural economy in an orderly effective manner by providing the people of the rural communities with the means of facilitating and improving their productive activities, and to encourage cooperatives. Toward this end, the Government shall encourage and assist in the establishment of a system of rural banks which will place within easy reach and access of the people credit facilities on reasonable terms. The Department of Agriculture and Natural Resources, the Department of Commerce and Industry, and other appropriate agencies oil instrumentalities of the Government shall, in cooperation with the Rural Bank, provide advice on business or farm management and proper use of credit for production and marketing.

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Other provisions in RA 720

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 720 Section 2 (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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