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Republic Act No. 8556

AN ACT AMENDING REPUBLIC ACT NO. 5980, AS AMENDED, OTHERWISE KNOWN AS THE FINANCING COMPANY ACT

R.A. No. 8556 | 1998-02-26

REPUBLIC ACT NO. 8556 
(amended by Republic Act No. 10881)
 
AN ACT AMENDING REPUBLIC ACT NO. 5980, AS AMENDED, OTHERWISE KNOWN AS THE FINANCING COMPANY ACT 

Section 1. This Act shall be known as the "Financing Company Act of 1998."    
 
Sec. 2. Declaration of Policy. — It is hereby declared to be the policy of the State to regulate and promote the activities of financing and leasing companies to place their operations on a sound, competitive, stable and efficient basis as other financial institutions, to recognize and strengthen their critical role in providing medium and longterm credit for...