Practice question
Does RA 8791 Section 55.1’s express personal coverage include bank agents?
- Never
- Only directors
- Yes; agents are expressly included alongside directors, officers and employees
- Only borrowers
- Only customers with large balances
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
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