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RA 8367 Section 13

Bond of Officers and Employees.

Section 13

SEC. 13. Bond of Officers and Employees. – All officers and employees of an association who, in the regular discharge of their duties have access to money or negotiable securities shall, before entering upon such duties, furnish to the employing association a good and sufficient bond, the form and amount of which shall be prescribed by the Monetary Board, and providing for indemnity to the association against the loss of money or securities, by reason of their dishonesty.

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Other provisions in RA 8367

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 8367 Section 13 (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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