Philippine Bank Rehabilitation Act

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Commonwealth Act No. 726: Philippine Bank Rehabilitation Act

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Title Supreme Court: Philippine Bank Rehabilitation Act

Law: Commonwealth Act No. 726

Decision Date: Jan 15, 1946

Commonwealth Act No. 726 establishes the Financial Institution Rehabilitation Fund, managed by the Financial Rehabilitation Board, to provide financial assistance to Philippine banks in need of rehabilitation, allowing insolvent banks to resume operations and repealing any inconsistent laws.

rehabilitation

financial assistance

insolvent banks

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