SEC. 259. Nothing in this title shall be construed to
enlarge the powers of the absorbing or surviving company in case of
merger, or the newly formed company in case of consolidation except
those conferred by the certificate of merger or of consolidation and the
articles of merger or consolidation, or the amended articles of
incorporation, as registered with the Securities and Exchange
Commission.
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 612 (The Insurance Code) Section 259 (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).