1987 Constitution of the Republic of the Philippines
16
- Jurisdiction
- Philippines
- Provision
- 16
- Source language
- English
- Recorded status
- in force
More details
- Recorded status
- in force
Provision text
Official sourceSECTION 16. No loan, guaranty, or other form of financial accommodation for any
business purpose may be granted, directly or indirectly, by any government-owned or
controlled bank or financial institution to the President, the Vice-President, the
Members of the Cabinet, the Congress, the Supreme Court, and the Constitutional
Commissions, the Ombudsman, or to any firm or entity in which they have controlling
interest, during their tenure.
Source record
Source and verification
1987 Constitution of the Republic of the Philippines · wipo.int · Retrieved 18 August 2026.
Check the upstream source for currency, amendments, and official formatting. The recorded status describes this source version.
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