Revised Corporation Code of the Philippines

Republic Act No. 11232, approved February 20, 2019

The law on forming and running corporations in the Philippines. It replaced the 1980 Corporation Code, allowed perpetual existence and One Person Corporations, and removed the minimum capital requirement. 188 sections in 17 titles, each on its own page.

Sec. 10 Incorporators Sec. 11 Perpetual existence Sec. 22 Board of directors Sec. 23 Election of directors Sec. 30 Liability of directors Sec. 116 One Person Corporation Sec. 181 Arbitration Full text of RA 11232 →

Title IGeneral ProvisionsSecs. 1–9 Title IIIncorporation and Organization of Private CorporationsSecs. 10–21 Title IIIBoard of Directors/Trustees and OfficersSecs. 22–34 Title IVPowers of CorporationsSecs. 35–44 Title VBylawsSecs. 45–47 Title VIMeetingsSecs. 48–58 Title VIIStocks and StockholdersSecs. 59–72 Title VIIICorporate Books and RecordsSecs. 73–74 Title IXMerger and ConsolidationSecs. 75–79 Title XAppraisal RightSecs. 80–85 Title XINonstock CorporationSecs. 86–94 Title XIIClose CorporationsSecs. 95–104 Title XIIISpecial CorporationsSecs. 105–132 Title XIVDissolutionSecs. 133–139 Title XVForeign CorporationsSecs. 140–153 Title XVIInvestigations, Offenses, and PenaltiesSecs. 154–172 Title XVIIMiscellaneous ProvisionsSecs. 173–188

Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code. Shown as enacted; check SEC issuances for implementing rules. For information and research only, and not legal advice.