BP 68 (The Corporation Code of the Philippines) Section 70

Court action to recover unpaid subscription.

Section 70

SEC. 70. Court action to recover unpaid subscription.— Nothing in this Code shall prevent the corporation from collecting by action in a court of proper jurisdiction the amount due on any unpaid subscription, with accrued interest, costs and expenses. (49a)

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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 July 4, 2026

CitationBP 68 (The Corporation Code of the Philippines) Section 70 (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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