Log In Create Account

Philippine Bar review · Question

Practice question: Payment of Balance of Subscription

Essay Medium

Practice question

A holder has partially paid subscribed shares that are not delinquent. Explain the distinction between stockholder rights under Section71 and entitlement to a stock certificate under Section63.

Legal references

  • RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Sections63,65–66 and71.

Answer this question in flashcards to review your response and continue practicing.