My bookmarksSign up free

BP 68 (The Corporation Code of the Philippines) Section 69

When sale may be questioned.

Section 69

SEC. 69. When sale may be questioned.—No action to recover delinquent stock sold can be sustained upon the ground of irregularity or defect in the notice of sale, or in the sale itself of the delinquent stock, unless the party seeking to maintain such action first pays or tenders to the party holding the stock the sum for which the same was sold, with interest from the date of sale at the legal rate; and no such action shall be maintained unless it is commenced by the filing of a complaint within six (6) months from the date of sale. (47a)

Read the full instrument → · Open the chapter this section belongs to: TITLE VII—STOCKS AND STOCKHOLDERS →

Other provisions in TITLE VII—STOCKS AND STOCKHOLDERS

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 2026-07-04

CitationBP 68 (The Corporation Code of the Philippines) Section 69 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

What to look at next