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RA 990 Section 2

Section 2

SEC. 2. For the same purpose, all lands, warehouses, and their improvements, of the abolished National Abaca and Other Fibers Corporation, National Coconut Corporation, National Tobacco Corporation, and National Warehousing Corporation, which are still in the custody of the Board of Liquidators, are transferred to the Agricultural Credit and Cooperative Financing Administration, and their money value, as appraised by a committee to be composed of the Auditor General, the Secretary of Finance and the Secretary of Commerce and Industry, shall be credited as a part of such subscription of the Government.

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Other provisions in RA 990

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 990 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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