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Education Act

Republic Act No. 1397

An act providing for the establishment of the university of mindanao in dansalan city and authorizing the appropriation of funds therefor

An Act Providing for the Establishment of the University of Mindanao in Dansalan City and Authorizing the Appropriation of Funds Therefor

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In plain language

This Republic Act establishes the University of Mindanao, provides its governance structure, and authorizes funding and operational powers.

  • Establishment of the University of Mindanao
  • Composition and appointment of the Board of Regents
  • Terms and election of Board members
  • Powers to appropriate funds for the University
  • Authority to establish colleges and departments
  • Authority to confer honorary degrees
  • Authority to appoint faculty and staff
  • Authority to approve curricula and set tuition
  • Authority to award scholarships and fellowships
  • Authority to adopt internal regulations and receive donations
Education
University
Philippines
Higher Education
Governance

REPUBLIC ACT No. 1397

An Act to Amend Section Two (k) of Commonwealth Act Numbered One Hundred Twenty, Entitled "An Act Creating the National Power Corporation, Prescribing its Powers and Activities, Appropriating the Necessary Funds Therefor, and Reserving the Unappropriated Public Waters for its Use," as Amended by Section One of Republic Act Numbered Three Hundred Fifty-Eight

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Section two (k) of Commonwealth Act Numbered One hundred and twenty, as amended by section one of Republic Act Numbered Three hundred and fifty-eight, is further amended to read as follows:

"(k) When essential to the proper administration of its corporate affairs or necessary for the proper transaction of its business or to carry out the purposes for which it was organized, to contract indebtedness and issue bonds subject to the approval of the President of the Philippines upon the recommendation of the National Economic Council. The total indebtedness of the Corporation, of all classes, shall not at any time exceed five hundred million pesos, and the issue of bonds shall be subject to the conditions set forth in section four of this Act. All projects to be financed with funds accruing from this increased indebtedness shall be approved by the National Economic Council: Provided, However, That in distributing and allocating the output produced by the National Power Corporation, the needs and requirements of the different users thereof whether for public utility, industrial or otherwise should be taken into account and a just and equitable distribution and allocation thereof should be made, giving preference to the need of the adjacent areas: And Provided, further, That areas traversed by transmission lines shall be allocated electricity proportionate to the needs of the areas.

Section 2

This Act shall take effect upon its approval.

Approved: September 8, 1955.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.