RA 9474 (Lending Company Regulation Act of 2007) Section 4

Form of Organization.

Section 4

SEC. 4. Form of Organization. — A lending company shall be established only as a corporation: Provided, That existing lending investors organized as single proprietorships or partnerships shall be disallowed from engaging in the business of granting loans to the public one year after the date of effectivity of this Act. No lending company shall conduct business unless granted an authority to operate by the SEC.

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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 4 (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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