Amendment to PNB Charter on Capital Stock

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PRESIDENTIAL DECREE NO. 1963: Amendment to PNB Charter on Capital Stock

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Title Source: Supreme Court: Amendment to PNB Charter on Capital Stock

Law: Presidential Decree No. 1963

Decision Date: Jan 11, 1985

Ferdinand E. Marcos amends the Philippine National Bank's charter to increase its authorized capital stock to 25 billion pesos, enabling the government to fully subscribe and pay for the increase to bolster economic recovery during a national crisis.

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