RA 9829 (Pre-need Code of the Philippines) Section 27

Recovery of Investment.

Section 27

SEC. 27. Recovery of Investment. — The planholder may institute the necessary legal action in court to recover his/her investment in the pre-need company in case of its insolvency or bankruptcy. However, in case the insolvency or bankruptcy is a mere cover-up for fraud or illegality, the planholder may institute the legal action directly against the officers and/or controlling owners of the said pre-need company.

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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 9829 (Pre-need Code of the Philippines) 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).

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