RA 821 Section 16

Section 16

SEC. 16. Interest in all kinds of loans shall not be more than eight per centum per annum. Loans to any cooperative association shall be made upon the terms specified in this Act and upon such other terms not inconsistent therewith and upon such security the Board of Governors may deem necessary. Loans may be subjected to a five per centum insurance fee which is to be paid at the time the loan is granted.

Read the full instrument →

Other provisions in RA 821

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 821 Section 16 (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).

Continue your research

RA 821, full textThe complete text of this law, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview