Holders of subscribed shares not fully paid which are not delinquent shall have all the rights of a stockholder.
Revised Corporation Code · Title VII: Stocks and Stockholders
Rights of Unpaid Shares, Nondelinquent
Holders of subscribed shares not fully paid which are not delinquent shall have all the rights of a stockholder.
Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code.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.