Practice question
Which additional institutions are expressly covered by the Monetary Board’s summary closure authority under amended Section 30 on the same applicable grounds?
- All grocery stores
- All private schools
- Only stock exchanges
- All law firms
- Non-stock savings and loan associations
Legal references
- RA 11211, Section 13, amending RA 7653 Section 30: https://lawphil.net/statutes/repacts/ra2019/ra_11211_2019.html
Answer this question in flashcards to review your response and continue practicing.