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Philippine Bar review · Question

Practice question: Certificate of Stock

Multiple Choice Easy

Practice question

Where must the newspaper of general circulation for the Section72 notice be located as specified by the statute?
  1. In the place where the corporation has its principal office
  2. Only where the owner took a vacation
  3. Only outside the Philippines
  4. Wherever a finder of the paper prefers
  5. Only the birthplace of the corporate secretary

Legal references

  • RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Section72.

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