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Philippine Bar review · Question

Practice question: Payment of Balance of Subscription

Multiple Choice Easy

Practice question

When must a called unpaid subscription be paid under Section 66?
  1. Only when the subscriber chooses
  2. On the contractual due date or the date in the board's call
  3. Only after corporate dissolution
  4. Only after a court judgment in every case
  5. Only after all other subscribers pay

Legal references

  • RA11232, Section 66: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html

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