Bill Type
Congress Name
Long Title
AN ACT GOVERNING THE ESTABLISHMENT, OPERATION AND REGULATION OF LENDING COMPANIES
Date filed
July 1, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB00639 | |
| FULL TITLE : AN ACT GOVERNING THE ESTABLISHMENT, OPERATION AND REGULATION OF LENDING COMPANIES | |
| SHORT TITLE : Lending Company Regulation Act of 2004 | |
| ABSTRACT : "Lending Company Regulation Act of 2004". The bill requires lending companies to have a paid-up capital of one million pesos, be registered with the Securities and Exchange Commission, and to obtain a quasi-banking license from the Central Bank. | |
| PRINCIPAL AUTHOR/S : PUENTEVELLA, MONICO O. | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Petilla (004 ) | 2. Villarosa (019 ) |
| 3. Olano (030 ) | 4. Nantes (066 ) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: HB06073 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2004-07-28 |
Abstract
"Lending Company Regulation Act of 2004". The bill requires lending companies to have a paid-up capital of one million pesos, be registered with the Securities and Exchange Commission, and to obtain a quasi-banking license from the Central Bank.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.