RA 2265 Section 6

Quorum and Compensation.

Section 6

SEC. 6. Quorum and Compensation.—Four members of the Board of Directors shall constitute a quorum for the transaction of business. The Chairman of the Board shall receive a per diem of fifty pesos and the six members of the Board shall each receive a per diem of not to exceed thirty pesos, exclusive of traveling expenses, for each day of meeting actually attended by them. The Board shall meet regularly twice a month. However, the Chairman or a majority of the Board may call a special meeting any time when necessary, but not to exceed four times a month.

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Other provisions in RA 2265

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

CitationRA 2265 Section 6 (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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