Act No. 3425 Section 26

Referendum.

Section 26

SEC. 26. Referendum.—Upon demand of not less than two-fifths of the entire board of directors, any matter that has been approved or passed by the board must be referred to the members or stockholders entitled to vote, for decision at the next regular meeting, or at a special meeting called for that purpose; and a vote of the majority of all the members, or stockholders entitled to vote shall settle the matter.

Read the full instrument →

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 26 (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. 3425, 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