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RA 944 Section 2

Section 2

SEC. 2. The Securities and Exchange Commission shall hereafter collect and receive fees for the following: For granting a general or particular exemption of securities from registration, one-tenth of one per centum of the aggregate par or issued value of the securities, but in no case shall the fee be less than ten pesos or more than one hundred pesos; For the examination and filing of a certificate of decreased of capital stock of a corporation—Ten pesos; For the examination and filing of a certificate incurring, creating or increasing bonded indebtedness—One twentieth of one per centum of the total indebtedness, but in no case shall the fee be less than ten pesos or more than five hundred pesos; For filing a certificate showing an increase or decrease in the number of directors—Five pesos.

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Other provisions in RA 944

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 944 Section 2 (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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