My bookmarksSign up free

RA 821 Section 27

Section 27

SEC. 27. Any person who, for the purpose of obtaining, renewing, or increasing a loan or the extension of the period thereof in his own or another's behalf, should give false information or cause, through his intrigue or machination, the existence and production of any false information with regard to the identity, situation, productivity, or value of the security, or with regard to a point which would affect the granting or denial of the loan, whether the latter has been consummated or not, and every officer or employee of the Administration who, through connivance or negligence, should allow by action or omission such false information to pass unnoticed, thereby causing damage to the Administration or exposing the latter to the danger of suffering such damage, shall be punished with imprisonment of not less than three months or more than three years, and a fine of not less than the amount of the loan obtained or applied for, nor more than three times such amount.

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 27 (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