Investing Sinking Funds for Bond Retirement

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Act No. 3014: Investing Sinking Funds for Bond Retirement

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Title Supreme Court: Investing Sinking Funds for Bond Retirement

Law: Act No. 3014

Decision Date: Mar 8, 1922

A Philippine law outlines the method of investing sinking funds for bond retirement, requiring the Insular Treasurer to invest in government securities and allowing for the cancellation of bonds with approval from the Secretary of Finance and Governor-General.

sinking fund

investment method

bond retirement

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