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BP 68 (The Corporation Code of the Philippines) Section 71

Effect of delinquency.

Section 71

SEC. 71. Effect of delinquency.—No delinquent stock shall be voted for or be entitled to vote or to representation at any stockholders' meeting, nor shall the holder thereof be entitled to any of the rights of a stockholder except the right to dividends in accordance with the provisions of this Code, until and unless he pays the amount due on his subscription with accrued interest, and the costs and expenses of advertisement, if any. (50a)

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 71 (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).

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