Grant of Authority to Marcelina S. Aquino to Dispose Her Franchises to Any Banking or Financing Institution
Republic Act No. 5685, enacted on June 21, 1969, authorizes Marcelina S. Aquino to transfer, assign, sell, or mortgage her telecommunications franchises in Butuan City and Agusan Province to any banking or financing institution. This includes all related assets and properties granted under previous Republic Acts. The Act takes effect upon approval and was enacted without Executive approval. It was published in the Official Gazette on December 22, 1969.
Law Information
- Reference Number
- Republic Act No. 5685
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 21, 1969
REPUBLIC ACT NO. 5685
AN ACT AUTHORIZING MARCELINA S. AQUINO TO TRANSFER, ASSIGN, SELL, OR MORTGAGE IN FAVOR OF ANY BANKING OR FINANCING INSTITUTION HER FRANCHISES UNDER REPUBLIC ACTS NUMBERED SIX HUNDRED NINETY-SEVEN AND SEVEN HUNDRED FIFTY-SEVEN, TO INSTALL, OPERATE AND MAINTAIN TELEPHONE SYSTEMS IN THE CITY OF BUTUAN AND IN THE PROVINCE OF AGUSAN AND THE MUNICIPALITIES AND MUNICIPAL DISTRICTS THEREOF
SECTION 1. Subject to the provisions of the Constitution, Marcelina S. Aquino is hereby authorized to transfer, assign, sell or mortgage in favor of any banking or financing institution the franchises granted under Republic Acts Numbered Six hundred ninety-seven and Seven hundred fifty-seven, which were transferred to her by authority of Republic Acts Numbered Thirty-nine hundred seventy-one and Thirty-nine hundred seventy-two, as well as the certificates of public convenience granted or to be granted by the Public Service Commission to her pursuant to the above-mentioned Acts, including all assets and property operated thereunder, located in the City of Butuan and in the Province of Agusan and the municipalities and municipal districts thereof. casia
SECTION 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 21, 1969. cdt
Published in the Official Gazette, Vol. 65, No. 51, p. 14113 on December 22, 1969
Cite This Law
Grant of Authority to Marcelina S. Aquino to Dispose Her Franchises to Any Banking or Financing Institution, Republic Act No. 5685, Jun 21, 1969 (Philippines)
Grant of Authority to Marcelina S. Aquino to Dispose Her Franchises to Any Banking or Financing Institution, Republic Act No. 5685 (Phil. 1969)
Related Laws
- Authority to Dispose Franchises Granted to Marcelina S. AquinoRepublic Act No. 6098 • Aug 4, 1969 • Statutes
- Approval of Sale of Franchise of Rafael Consing (R.A. No. 757) to Marcelina S. AquinoRepublic Act No. 3971 • Jun 18, 1964 • Statutes
- Approval of Sale of Franchise of Rafael Consing (R.A. No. 697) to Marcelina S. AquinoRepublic Act No. 3972 • Jun 18, 1964 • Statutes
- Amendments to R.A. No. 337 (General Banking Act)Batas Pambansa Blg. 61 • Apr 1, 1980 • Statutes
- Grant of Franchise to Manila Banking Corp. (Radio Stations)Republic Act No. 5732 • Jun 21, 1969 • Statutes
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