PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY

REPUBLIC ACTS

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REPUBLIC ACT NO. 3785

REPUBLIC ACT NO. 3785 - AN ACT AUTHORIZING THE CENTRAL PHILIPPINES BROADCASTING COMPANY TO MORTGAGE ITS FRANCHISE WITH ANY GOVERNMENT-OWNED OR CONTROLLED FINANCIAL AND/OR BANKING INSTITUTION

Section 1. Any provision of law to the contrary notwithstanding, the Central Philippines Broadcasting Company is hereby authorize to mortgage its franchise granted under Republic Act Numbered Twenty-three hundred and eighty five, to any government-owned or controlled financial and/or banking institution. Sec. 2. This Act shall take effect upon its approval. Approved: June 22, 1963.

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