Act No. 2508 Section 35

Section 35

SECTION. 35. The directors shall be jointly and severally responsible for operations effected in violation of the bylaws or resolutions of the general assembly, except those who entered a protest at the time when such operations were determined upon.

Read the full instrument →

Other provisions in Act No. 2508

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 35 (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).

Continue your research

Act No. 2508, full textThe complete text of this law, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview