RA 10149 Section 28

Requisites for the Acquisition of Controlling Interest in Another Corporation.

Section 28

SEC. 28. Requisites for the Acquisition of Controlling Interest in Another Corporation.—Any government agency seeking to purchase a corporation or acquire controlling interest therein shall submit its proposal to the GCG for review and approval of the President.

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Other provisions in CHAPTER VI

Section 27: Requisites for the Creation of a New GOCC or Related Corporation under The Corporation Code.

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 2026-07-04

CitationRA 10149 Section 28 (LawPlayer, data as of 2026-07-04)

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

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