An Act to Amend the First Paragraph of Section One of Republic Act Numbered Eight Hundred Twenty-One
Year:
1957
Category:
Other
Date Approved:
June 23, 1957
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This act amends the first paragraph of Section One of Republic Act Numbered Eight Hundred Twenty-One to declare the policy of Congress to assist small farmers in securing liberal credit and promoting effective groupings of farmers into cooperative associations. The aim is to enable them to market their agricultural commodities efficiently and improve their standard of living.Full Text
REPUBLIC ACT No. 2049
An Act to Amend the First Paragraph of Section One of Republic Act Numbered Eight Hundred Twenty-One
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The first paragraph of section one of Republic Act Numbered Eight hundred twenty-one is hereby amended to read as follows:
Section 2. This Act shall take effect upon its approval.
Approved: June 23, 1957.
"Sec. 1. It is hereby declared to be the policy of Congress to assist small farmers in securing liberal credit and to promote the effective groupings of farmers into cooperative associations to enable them to market efficiently their agricultural commodities, so as to place agriculture (including livestock, poultry and fishing including deep-sea fishing) on a basis of economic equality with other industries, and to improve the standard of living of our people engaged in agriculture."
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.