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Insurance
Approved 1955-03-20

Republic Act No. 1565

An act to amend the insurance act so as to make the adjusters of fire insurance claims subject to the supervision of the insurance commissioner

An Act to Amend the Insurance Act so as to Make the Adjusters of Fire Insurance Claims Subject to the Supervision of the Insurance Commissioner

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In plain language

This law amends the Insurance Act to establish licensing and supervision of fire insurance adjusters by the Insurance Commissioner, defining independent and public adjusters, setting licensing requirements, fees, renewal terms, reporting obligations, and penalties for violations.

  • Licensing of independent and public adjusters
  • Definition of adjusters and their duties
  • Licensing fees of fifty pesos and renewal fee of twenty-five pesos
  • Application requirements and renewal within sixty days before expiration
  • Licensing terms: thirty days of June following issuance, renewable
  • Exemption of attorneys-at-law and maritime adjusters
  • Suspension or revocation conditions
  • Quarterly reporting of losses
  • Penalties for violations
Insurance
Adjusters
Regulation
Philippines
RA 1554

REPUBLIC ACT No. 1565

An Act to Convert the Katipunan High School in the Province of Zamboanga del Norte to a National Rural High School of the Batac Rural High School Type, to be Known as the Katipunan National Rural High School, and to Authorize the Appropriation of Funds for the Purpose

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

Section 1

The Katipunan High School, situated in the Municipality of Katipunan, Province of Zamboanga del Norte, is hereby converted to a national rural high school of the Batac Rural High School type, to be known as the Katipunan National Rural High School.

Section 2

The sum of one hundred thousand pesos is authorized to be appropriated, out of any funds in the National Treasury not otherwise appropriated, for the operation and maintenance of the Katipunan National Rural High School during the school year nineteen hundred fifty-five to nineteen hundred fifty-six. Thereafter, the necessary sum for said purpose shall be included in the annual General Appropriations Act.

Section 3

This Act shall take effect upon its approval.

Approved: June 16, 1956.

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.