Treasury shares shall have no voting right as long as such shares remain in the Treasury.
Revised Corporation Code · Title VI: Meetings
Voting Right for Treasury Shares
Treasury shares shall have no voting right as long as such shares remain in the Treasury.
Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code.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.