V. PLACEMENT UNDER CONSERVATORSHIP


CHAPTER V
PLACEMENT UNDER CONSERVATORSHIP


SEC. 67. Conservatorship. - The grounds and procedures for placing a bank under conservatorship, as well as, the powers and duties of the conservator appointed for the bank shall be governed by the provisions of Section 29 and the last two paragraphs of Section 30 of the New Central Bank Act: Provided, That this Section shall also apply to conservatorship proceedings of quasi-banks. (n)



Source: Bangko Sentral ng Pilipinas

PREVIOUS | NEXT
Chapter I II III IV V VI VII VIII IX X

Regulations >> Republic Acts >> R.A. No. 8791






Circular Letters/Memoranda
Speeches/ Presentations
Photo Gallery
The 2008 RBAP Charter Symposium
2008 CFI Awards
Rural Banking Week Celebration Golf Tournament
Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector
Financial Reporting Package 2008
BSP releases regulations on liquidity, market risk weighting
Comments on BSP’s Reducing Restrictions on Bank Branching
35 RB Directors Completed Corporate Governance & Risk Management Course
27th Corporate Governance & Risk Management Seminar-Workshop Commends 29 RB Directors