Can I read RA 9474: Lending Company Regulations on EtoBox?

RA 9474: Lending Company Regulations by Renz Anthony Cañete is a document available to read on EtoBox.

What is RA 9474: Lending Company Regulations about?

Lending companies are corporations that grant loans from their own capital or from funds sourced from no more than 19 persons. They must be established as corporations, include words like "Lending Company" in their name, and have a minimum paid-in capital of 1 million pesos. Ownership requirements include that a majority of voting stock be owned by Filipinos, with restrictions on foreign ownership. Lending companies must apply to the SEC for authorization, pay licensing fees, and comply with regulations reg

Author

Renz Anthony Cañete

Language

EN