RCC - Title I (General Provisions)

What is BP 68?

• Corporation Law

• Corporation Code

• Revised Corporation Code

The Revised Corporation Code

• RA 12312

• RA 11323

• RA 11232

• RA 12132

Approval Date of the Revised Corporation Code?

• February 23, 2019

• February 20, 2019

• February 24, 2019

• February 19, 2019

Effectivity Date of the Revised Corporation Code

• February 23, 2019

• February 20, 2019

• February 24, 2019

• February 19, 2019

Which is not an attribute of the Corporation?

• has the right of succession

• artificial being

• created by operation of law

• powers, attributes, and properties expressly authorized by law or incidental to its existence

• created by mere consent

A corporation composes of more than one corporator.

Corporation that has not met the legal requirements of state incorporation statute.

A corporation organized for religious purposes.

A corporation organized for a charitable purpose.

A corporation organized for business or profit