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RA 9829 (Pre-need Code of the Philippines) Section 51

RA 9829 (Pre-need Code of the Philippines) Section 51

Commission's Power to Assume Trustee Functions.

Section 51

SEC. 51. Commission's Power to Assume Trustee Functions. — In cases where the Commission has ordered the liquidation of the pre-need company, the Commission may immediately take custody of the trust fund established by the pre-need company, and the pre-need company shall forthwith deliver custody and an accounting of the same. Henceforth, the Commission shall have the full power and control over the fund to satisfy the pre-need company's obligations to planholders.

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Other provisions in CHAPTER XIII

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 51 (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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