Republic Acts1 min read
Section 8Sec./Art. 8
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Fees and Bond to be Paid. Every application for LTO shall be accompanied by a bond issued by competent or reputable surety, fidelity or insurance company duly accredited by the Insurance Commission. The bond shall be used to answer to any valid and legal claim against the agency by its clients or employees. The amount of bond to be determined by the Chief PNP must be reasonable and should depend on thenumberof PSPs employed.
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