Practice question
A special charter does not address a particular corporate matter. An RCC provision can supplement it without conflict and is applicable. Which approach follows Section 4?
- Ignore every RCC provision categorically
- Use the RCC suppletorily insofar as applicable
- Let a competitor amend the charter
- Treat the corporation as a natural person
- Assume the charter is automatically repealed
Legal references
- RA 11232, Section 4: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463
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