Act No. 3425 Section 20

Manager.

Section 20

SEC. 20. Manager.—The by-laws may provide for the appointment by the board of directors, of a manager who need not be a member or stockholder, and may allot to such manager any or all of the functions and powers of the board of directors subject to the general direction and control of the board.

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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 20 (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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