darkangel721
Addict
- Joined
- Sep 25, 2017
- Posts
- 102
- Reaction
- 22
- Points
- 87
Article IV:Operations of Banko Sentral
Section 33: Disposition of Banking Franchise
The Bangko Sentral may, if public interest so requires, award to an institution, upon such terms and conditions as the Monetary Board may approve, the banking franchise of a bank under liquidation to operate in the area where said bank or its branches were previously operating: Provided, That whatever proceeds may be realized from such award shall be subject to the appropriate exclusive disposition of the Monetary Board.
Mga boss kahit konting paliwanag lng at akoy naguguluhan salamat
Section 33: Disposition of Banking Franchise
The Bangko Sentral may, if public interest so requires, award to an institution, upon such terms and conditions as the Monetary Board may approve, the banking franchise of a bank under liquidation to operate in the area where said bank or its branches were previously operating: Provided, That whatever proceeds may be realized from such award shall be subject to the appropriate exclusive disposition of the Monetary Board.
Mga boss kahit konting paliwanag lng at akoy naguguluhan salamat