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Philippine Bar review · Question

Practice question: Payment of Balance of Subscription

Essay Medium

Practice question

Distinguish Section65 interest from subscription and Section66 interest after failure to pay at the valid due date.

Legal references

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

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