Act No. 3425 Section 19

Filling vacancy on board of directors.

Section 19

SEC. 19. Filling vacancy on board of directors.—When a vacancy on the board of directors occurs other than by- expiration of term, the remaining members of the board, by a majority vote, shall fill the vacancy, unless the bylaws provided for an election of directors by district. In such a case the board of directors shall immediately call a special meeting of the members, or stockholders entitled to vote, in that district to fill the vacancy.

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Other provisions in Act No. 3425

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. 3425 Section 19 (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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