Section 121
SEC. 121. Single Stockholder as Director, President. -The single stockholder shall be the sole director and president of the One Person Corporation.
RA 11232 Section 121
RA 11232 Section 121
Other provisions in CHAPTER III
- Section 116: One Person Corporation.
- Section 117: Minimum Capital Stock Not Required for One Person Corporation.
- Section 118: Articles of Incorporation.
- Section 119: Bylaws.
- Section 120: Display of Corporate Name.
- Section 122: Treasurer, Corporate Secretary, and Other Officers.
- Section 123: Special Functions of the Corporate Secretary.
- Section 124: Nominee and Alternate Nominee.
- Section 125
- Section 126
CitationRA 11232 Section 121 (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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