PD 550 Section 12

Meetings.

Section 12

SEC. 12. Meetings. — The Board shall convene as frequently as is necessary to discharge its responsibilities property, but shall meet at least once every two weeks. The Board may be convoked either by the Secretary of Finance or by the President of the Corporation. The presence of three (3) members shall constitute a quorum. All decisions of the Board shall require the concurrence of at least three (3) members.

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Other provisions in PD 550

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

CitationPD 550 Section 12 (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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