Powers, Succession, and Corporate Functions
- The corporation has perpetual succession.
- Authorized to sue and be sued.
- May hold, receive, adopt, and dispose of real and personal properties.
- Power to adopt, alter, or destroy a corporate seal.
- Can conduct business nationwide, adopting by-laws and regulations consistent with Philippine law.
- May establish election regulations for associates and successors.
Purpose and Objectives
- To promote scouting among boys, focusing on skill development and virtues such as patriotism, courage, and self-reliance.
- Activities aligned with established scouting methods.
- Emphasis on cooperation with other agencies for organizational effectiveness.
Transitional Arrangements With Boy Scouts of America
- Initially operates under agreements with the Boy Scouts of America concerning existing properties and assets.
- Responsible for debts and liabilities related to the Boy Scouts of America assets.
- Prohibited from issuing stock or paying dividends, affirming its benevolent, non-profit character.
Governance Structure
- Executive Board composed of Philippines residents governs the corporation.
- Number, qualifications, and terms of board members are determined by the by-laws.
- Initial executive board composed of founding members until successors are elected.
- Board may fill vacancies, determine quorum, create and amend by-laws.
- May authorize mortgages or liens on corporate property with a two-thirds board vote.
- Can create an executive or governing committee empowered to manage business affairs.
- May appoint standing committees with delegated powers as defined by by-laws.
- Requires majority member consent to dispose of all corporate property.
Meetings and Reporting
- Annual meeting required for reporting and election of executive board members.
- Special meetings can be called following by-law procedures.
- Quorum requirements set by by-laws.
- Meetings, seal, and records may be held within or outside Manila.
Symbols, Insignia, and Uniforms
- Temporary use of Boy Scouts of America badges and symbols until distinctive ones are adopted.
- Exclusive right to use Scouts' titles, emblems, uniforms, badges, and insignia once adopted.
Government Contributions
- Donations or contributions from the Government or its subdivisions must be used pursuant to the Act and expended by the Executive Board.
Annual Reporting to the President
- Annual report due by April 1 detailing activities, receipts, and expenditures of the preceding calendar year.
Prohibition Against False Representation
- Penalizes any person falsely representing themselves as members or agents of the Boy Scouts of the Philippines.
- Penalties include imprisonment up to six months or fines up to five hundred pesos, or both.
Effectivity
- The law takes effect immediately upon approval.