Practice question
Section65 links interest from the date of subscription to what requirement?
- That the subscription contract require it
- Only the treasurer’s undisclosed preference
- Only the subscriber’s age
- Only the corporation’s advertising budget
- Every unpaid balance automatically being delinquent
Legal references
- RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Sections63,65–66 and71.
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