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BP 68 (The Corporation Code of the Philippines) Section 55

Right to vote of pledgors, mortgagors, and administrators.

Section 55

SEC. 55. Right to vote of pledgors, mortgagors, and administrators.—In case of pledged or mortgaged shares in stock corporations, the pledgor or mortgagor shall have the right to attend and vote at meetings of stockholders, unless the pledgee or mortgagee is expressly given by the pledgor or mortgagor such right in writing which is recorded on the appropriate corporate books. (n) Executors, administrators, receivers, and other legal representatives duly appointed by the court may attend and vote in behalf of the stockholders or members without need of any written proxy. (27a)

Read the full instrument → · Open the chapter this section belongs to: Title VI—MEETINGS →

Other provisions in Title VI—MEETINGS

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

CitationBP 68 (The Corporation Code of the Philippines) Section 55 (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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