Web28 Apr 2024 · Furthermore, the doctrine is articulated in Section 41 [now Section 40 under the Revised Corporation Code] on the power of a corporation to acquire its own shares and in Section 122 [now Section 139 under the Revised Corporation Code] on the prohibition against the distribution of corporate assets and property, unless the stringent … WebThis title, "Powers of Corporations", contains section 35 to section 44, as defined by the revised corporation code of the Philippines R.A. No. 11232.

Arizona Revised Statutes

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The Revised Corporation Code of The Philippines Changes and

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