CA 458 Section 34

Section 34

SEC. 34. Whenever the surplus fund shall have been reduced by losses, fifty per centum of the net profits shall be set aside for said fund until the smae shall once more equal fifty per centum of the capital stock, and thereafter twenty-five per centum of the net profits until the aforesaid fund shall again equal the capital stock. HOLDING OF REAL ESTATE

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

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