Transfer of Unclaimed Bank Balances to Treasury

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Act No. 3936: Transfer of Unclaimed Bank Balances to Treasury

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Title Supreme Court: Transfer of Unclaimed Bank Balances to Treasury

Law: Act No. 3936

Decision Date: Nov 29, 1932

Philippine Law, Act No. 3936 mandates banks to transfer unclaimed balances to the Insular Treasury, with reporting requirements and publication of the information, while providing protection for compliant banks against liability.

unclaimed balances

banks

reporting requirements

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