Non-Ficial Allied Undertakings Regulation

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CIRCULAR NO. 317, S. 2002. JANUARY 29, 2002: Non-Ficial Allied Undertakings Regulation

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Title Source: Supreme Court: Non-Ficial Allied Undertakings Regulation

Law: Circular No. 317, S. 2002. January 29, 2002

Decision Date: Jan 29, 2002

The Monetary Board's Circular No. 317 allows banks to acquire up to 100% equity in various non-financial allied undertakings, including warehousing, insurance, and health maintenance organizations, while superseding any inconsistent previous circulars.

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