Republic ActNational

RA 6307 - An Act Approving the Transfer, Assignment, Sale or Mortgage of the Franchise Granted Under Republic Act Numbered Five Thousand One Hundred Ninety-Six.

June 19, 1971Business & Trade

Republic Act No. 6307

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

Section 1

Subject to the provisions of the Constitution and to the terms and conditions of the franchise granted under Republic Act Numbered Five thousand one hundred ninety-six, the transfer, assignment, sale or mortgage of said franchise together with all the rights and privileges granted thereunder in favor of any banking or financing institution or any individual, corporation, co-partnership or joint-stock company, is hereby approved.

Section 2

This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1971.

Cite this

RA 6307 - An Act Approving the Transfer, Assignment, Sale or Mortgage of the Franchise Granted Under Republic Act Numbered Five Thousand One Hundred Ninety-Six.. BatasPH. Approved June 19, 1971. https://batasph.thirdygayares.com/republic-acts/republic-act-no-6307

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