Bill Type
Congress Name
Long Title
AN ACT TO HELP INSURE THE SAFETY OF BANK DEPOSITS AND FUNDS THEREBY STRENGTHENING THE OPERATIONS OF BANKING INSTITUTIONS AND FOR OTHER PURPOSES
Date filed
July 1, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB00844 | |
| FULL TITLE : AN ACT TO HELP INSURE THE SAFETY OF BANK DEPOSITS AND FUNDS THEREBY STRENGTHENING THE OPERATIONS OF BANKING INSTITUTIONS AND FOR OTHER PURPOSES | |
| ABSTRACT : This bill helps in ensuring the safety of bank deposits and funds thereby strengthening the operations of banking institutions. It authorizes all banking institutions recognized and accredited by the Banko Sentral ng Pilipinas to provide special security services of their banking activities and operations and to procure and possess firearms for security purposes. | |
| PRINCIPAL AUTHOR/S : UMALI, AURELIO M. | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Amin (016 ) | 2. Villarosa (019 ) |
| 3. Nantes (066 ) | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2004-07-28 |
Abstract
This bill helps in ensuring the safety of bank deposits and funds thereby strengthening the operations of banking institutions. It authorizes all banking institutions recognized and accredited by the Banko Sentral ng Pilipinas to provide special security services of their banking activities and operations and to procure and possess firearms for security purposes.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.