RA 9474 (Lending Company Regulation Act of 2007) Section 2

Declaration of Policy.

Section 2

SEC. 2. Declaration of Policy. — It is hereby declared the policy of the State to regulate the establishment of lending companies and to place their operation on a sound, efficient and stable condition to derive the optimum advantages from them as an additional source of credit; to prevent and mitigate, as far as practicable, practices prejudicial to public interest; and to lay down the minimum requirements and standards under which they may be established and do business.

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Other provisions in RA 9474 (Lending Company Regulation Act of 2007)

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 9474 (Lending Company Regulation Act of 2007) 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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