Bill Type
Long Title
AN ACT PRESCRIBING THE MANNER OF ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE PHILIPPINE VETERANS BANK AND AMENDING CERTAIN PROVISIONS OF REPUBLIC ACT NUMBERED THIRTY-FIVE HUNDRED AND EIGHTEEN AND REPUBLIC ACT NUMBERED SEVENTY-ONE HUNDRED AND SIXTY-NINE
Congress Author
Date filed
July 9, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 849, 12th Congress of the Republic
FULL TITLE : AN ACT PRESCRIBING THE MANNER OF ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE PHILIPPINE VETERANS BANK AND AMENDING CERTAIN PROVISIONS OF REPUBLIC ACT NUMBERED THIRTY-FIVE HUNDRED AND EIGHTEEN AND REPUBLIC ACT NUMBERED SEVENTY-ONE HUNDRED AND SIXTY-NINE
ABSTRACT : This bill prescribes a new system or manner in the election of the Board of Directors of the Bank and strips the Board of the Veterans of World WarII of the authority to vote for the issued but undelivered shares of the Bank. The system will serve to satisfy the desire of the stockholders for fairness and equity.
PRINCIPAL AUTHOR/S : SUPLICO, ROLEX T.
DATE FILED : 2001-07-09
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Amin (039 ) 2. Syjuco (023 )
ADMINISTRATION BILL? No
URGENT BILL? No
COMMITTEE ACTION: jt. ref'ls as per J.18;p.19( Aug.29,200 1)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2001-07-25
SECONDARILY REFERRED TO THE COMMITTEE(S) ON VETERAN'S AFFAIRS

Abstract

This bill prescribes a new system or manner in the election of the Board of Directors of the Bank and strips the Board of the Veterans of World WarII of the authority to vote for the issued but undelivered shares of the Bank. The system will serve to satisfy the desire of the stockholders for fairness and equity.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.