Section 3
SEC. 3. The capital of said company shall be three million pesos divided into thirty thousand shares of stock having a par value of one hundred pesos each, and no stock shall be issued at less than par nor except for cash.
Act No. 2705 Section 3
Act No. 2705 Section 3
Other provisions in Act No. 2705
CitationAct No. 2705 Section 3 (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).
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