Practice question
How often must regular stockholder or member meetings be held under section 49?
- Only once after incorporation
- Annually
- Only when profits are earned
- Only when a court orders
- Every twenty years
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, sections 48–51
Answer this question in flashcards to review your response and continue practicing.