An Act Appropriating Five Million Pesos from the General Fund as a Permanent Insurance Fund for the Philippine Deposit Insurance Corporation
Year:
1964
Category:
Other
Date Approved:
June 18, 1964
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 appropriates five million pesos from the General Fund to establish a permanent insurance fund for the Philippine Deposit Insurance Corporation. The fund is intended to support the purposes outlined in a previous Republic Act regarding deposit insurance.Full Text
REPUBLIC ACT No. 4083
An Act Appropriating Five Million Pesos from the General Fund as a Permanent Insurance Fund for the Philippine Deposit Insurance Corporation
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. There is hereby appropriated from the General Fund the amount of five million pesos to constitute the permanent insurance fund created under the provisions of Section ten (a) of Republic Act Numbered Thirty-five hundred ninety-one, to be used by the Philippine Deposit Insurance Corporation to carry out the purposes of the aforesaid Act.
Section 2. This Act shall take effect upon its approval.
Approved: June 18, 1964.
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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.