Title VII

Stocks and Stockholders

• Sec. 59Subscription Contract
• Sec. 60Pre
• Sec. 61Consideration for Stocks
• Sec. 62Certificate of Stock and Transfer of Shares
• Sec. 63Issuance of Stock Certificates
• Sec. 64Liability of Directors for Watered Stocks
• Sec. 65Interest on Unpaid Subscriptions
• Sec. 66Payment of Balance of Subscription
• Sec. 67Delinquency Sale
• Sec. 68When Sale May be Questioned
• Sec. 69Court Action to Recover Unpaid Subscription
• Sec. 70Effect of Delinquency
• Sec. 71Rights of Unpaid Shares, Nondelinquent
• Sec. 72Lost or Destroyed Certificates

Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code.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