SECTION. 34. The directors of the corporation may be removed from office by the stockholders' general assembly, and by the vote of two-thirds of all members at a regular meeting or a special meeting called for the purpose, upon notification in the latter case to the stockholders of the intention to propose such removal at such meeting.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationAct No. 2508 Section 34 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).