Republic Acts1 min read
Section 37Sec./Art. 37
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Promulgation of Rules. - The Commission, in consultation with the BSP and the Insurance Commission (IC), shall promulgate rule regarding the ownership, organization, capitalization and opertion of the SMI.
In promulgating such rules, the Commission shall consider the size of the asset pools to be held by the SMI, the amount of debt to be issued by it, the extent of its operation and the powers of the SMI specified under this Act.
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