Practice question
An officer helps inflate the value of collateral specifically to influence the bank's lending action but does not personally sign the final appraisal. Does lack of the signature alone remove Section 55.1(d)?
- No; aiding overvaluation is expressly included.
- Yes, only the appraiser's signature can matter.
- Yes, assisting is always lawful.
- Yes, all collateral values are legally unlimited.
- Yes, influence is irrelevant.
Legal references
- RA8791, General Banking Law, Sections2 and55: https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html
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