Rules on Registration of Foundations

Ask AI

SEC: Rules on Registration of Foundations

Getting related questions...
What do you want to know about the law?
Your conversations and searches stay on your device. We do not store or track your activity on our servers. To know more about our privacy commitment see jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: Rules on Registration of Foundations

Law: Sec

Decision Date: Sep 13, 1990

The SEC establishes rules for the registration of foundations, requiring non-stock non-profit corporations to have a minimum capital of P50,000, adhere to specific naming conventions, and submit annual financial statements, with penalties for non-compliance.

registration

foundation

profit

END