Republic Acts1 min read
Section 5Sec./Art. 5
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Property of the LUMC. - The property of the LUMC shall consist of such real, personal, mixed and other type of property, now owned or reserved for, or may hereafter be given, acquired, donated, transferred or conveyed to the LUMC by the national government, its branches and instrumentalities, other local government units, any foreign government, as well as by trusts, foundations, corporations or persons, alien or domestic, in order to carry out its purposes and objectives as set forth herein.
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