Practice question
Under section 6, where must classifications and their corresponding rights, privileges or restrictions be indicated?
- Only in a private conversation.
- Only in a shareholder's diary.
- In the articles of incorporation.
- Only in an employee's time sheet.
- Nowhere; undisclosed classifications are sufficient.
Legal references
- Revised Corporation Code, RA 11232, sections 3 and 6, https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463
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