My bookmarksSign up free

BP 68 (The Corporation Code of the Philippines) Section 83

Effect of demand and termination of right.

Section 83

SEC. 83. Effect of demand and termination of right.— From the time of demand for payment of the fair value of a stockholder's shares until either the abandonment of the corporate action involved or the purchase of the said shares by the corporation, all rights accruing to such shares, including voting and dividend rights, shall be suspended in accordance with the provisions of this Code, except the right of such stockholder to receive payment of the fair value thereof: Provided, That if the dissenting stockholder is not paid the value of his shares within 30 days after the award, his voting and dividend rights shall immediately be restored, (n)

Read the full instrument → · Open the chapter this section belongs to: Title X—APPRAISAL RIGHT →

Other provisions in Title X—APPRAISAL RIGHT

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 83 (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