Republic Acts1 min read
Section 24Sec./Art. 24
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Transfer of Licenses. No license issued by the Commission, and no right granted by any such license, shall be transferred, assigned, encumbered, or in any manner disposed of, either voluntarily, or involuntarily, directly or indirectly, unless the Commission shall, after securing full information find that such transfer, assignment, encumbrance, or other disposition is in the accordance with the purposes and provisions of this Act and shall give its consent in writing.
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