REPUBLIC ACT No. 3785
An Act Authorizing the Central Philippines Broadcasting Company to Mortgage its Franchise with Any Government-Owned or Controlled Financial and/or Banking Institution
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Any provision of law to the contrary notwithstanding, the Central Philippines Broadcasting Company is hereby authorize to mortgage its franchise granted under Republic Act Numbered Twenty-three hundred and eighty five, to any government-owned or controlled financial and/or banking institution.1âшphi1
Section 2. This Act shall take effect upon its approval.
Approved: June 22, 1963.
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