Revised Corporation Code · Title II: Incorporation and Organization of Private Corporations

Section 12

Minimum Capital Stock Not Required of Stock Corporations

Stock corporations shall not be required to have a minimum capital stock, except as otherwise specifically provided by special law.

Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code.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.