Republic Acts1 min read
Section 34Sec./Art. 34
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
A new section entitled Section 88-D is hereby included in the same Act to read as follows:
"Sec. 88-D. Unsecured Bangko Sentral Claims. - All unsecured claims of the Bangko Sentral shall be considered preferred credits similar to taxes due to the National Government in the order of preference under Article 2244 of the new Civil Code."
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.