Philippine Bar review · Question

Practice question: Banks, Quasi-banks, and Trust Entities Distinguished

Essay Hard

Practice question

Explain Sections 87 and 92’s relationship between segregation of trust assets and claims against those assets.

Legal references

  • General Banking Law, RA 8791, Sections 3, 55, 87-88 and 92-93: https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html

Answer this question in flashcards to review your response and continue practicing.