Fidelity-Bond Premium Fund Law, 1907

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Act No. 1739: Fidelity-Bond Premium Fund Law, 1907

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Title Supreme Court: Fidelity-Bond Premium Fund Law, 1907

Law: Act No. 1739

Decision Date: Oct 3, 1907

Act No. 1739 establishes the "Fidelity-Bond Premium Fund" in the Philippines to provide assurance against losses and defalcations by officers or employees accountable for public funds and property, with the fund being used to replace losses, refund unearned premiums, and cover fees resulting from civil actions.

creating

assurance

losses

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