Republic Acts1 min read
Section 10Sec./Art. 10
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Powers of the SPE. - Each SPE shall have the power to:
(a) Accept the sale or transfer of assets;
(b) Issue and offer the ABS for sale to investors;
(c) Undertake on its own or through contracts with any person, such activities as contained in the approved Plan;
(d) Create any indebtedness or encumbrances to defray administrative or other necessary expenses as specified in the Plan; and
(e) Pay out or invest its funds in accordance with the Plan or as approved by the Commission.
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