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What is Revised Corporation Code Overview about?

Republic Act 11232, known as The Revised Corporation Code of the Philippines, outlines the definitions, classifications, and regulations governing corporations in the Philippines, including the roles of incorporators and corporators. It details the types of shares, including stock and non-stock corporations, as well as the requirements for articles of incorporation and the powers of directors and trustees. The act emphasizes the importance of lawful purposes for corporations and sets forth guidelines for co

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castilloangeline690

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EN