Corporation Law of the Philippine Islands

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Act No. 1459: Corporation Law of the Philippine Islands

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Title Source: Supreme Court: Corporation Law of the Philippine Islands

Law: Act No. 1459

Decision Date: Mar 9, 1906

The Corporation Law in the Philippines allows stockholders to withdraw from a corporation after paying twelve monthly installments, determines profits and losses, regulates building and loan corporations, prohibits foreign building and loan corporations, repeals conflicting provisions, and takes effect on April 1, 1906.

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