Corporations (RA 11232, Secs. 2, 4, and 18)

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1. How does Revised Corporation Code Section 2 characterize a corporation?
2. Under Section 4, what primarily governs a corporation created by a special law or charter?
3. Under Section 18, when does a private corporation organized under the RCC commence corporate existence and juridical pe…
4. Founders obtain reservation of a proposed corporate name but have not yet received a certificate of incorporation. Unde…
5. A special charter does not address a particular corporate matter. An RCC provision can supplement it without conflict a…
6. A chartered corporation’s special law expressly prescribes the rule for a corporate matter. An officer instead invokes …
7. After a private corporation has validly acquired personality, several founders sell their shares and officers change. A…
8. Explain Section 2’s definition of a corporation as an artificial being created by operation of law.
9. Distinguish name reservation, submission of incorporation documents and commencement of corporate personality under Sec…
10. Explain how Section 4 relates a special-charter corporation to the RCC.
11. Under Section18, which agency verifies the proposed corporate name for incorporation?
12. After name reservation, which principal organizational documents does Section18 direct incorporators to submit?