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BP 68 (The Corporation Code of the Philippines) Section 103

BP 68 (The Corporation Code of the Philippines) Section 103

Amendment of articles of incorporation.

Section 103

SEC. 103. Amendment of articles of incorporation.—Any amendment to the articles of incorporation which seeks to delete or remove any provision required by this Title to be contained in the articles of incorporation or to reduce a quorum or voting requirement stated in said articles of incorporation shall not be valid or effective unless approved by the affirmative vote of at least two-thirds (2/3) of the outstanding capital stock, whether with or without voting rights, or of such greater proportion of shares as may be specifically provided in the articles of incorporation for amending, deleting or removing any of the aforesaid provisions, at a meeting duly called for the purpose.

Read the full instrument → · Open the chapter this section belongs to: Title XII—CLOSE CORPORATIONS →

Other provisions in Title XII—CLOSE CORPORATIONS

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 103 (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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