Regulation of Pawnshops Operation in PH

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PRESIDENTIAL DECREE NO. 114: Regulation of Pawnshops Operation in PH

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Title Source: Supreme Court: Regulation of Pawnshops Operation in PH

Law: Presidential Decree No. 114

Decision Date: Jan 29, 1973

Presidential Decree No. 114, also known as the Pawnshop Regulation Act, sets guidelines for the establishment and operation of pawnshops in the Philippines, including registration and licensing requirements, minimum capital requirements, rules on loans and interest rates, and the authority of the Central Bank to impose sanctions and conduct inspections.

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