RA 9707 Section 16

District of Ownership.

Section 16

SEC. 16. District of Ownership. — In accordance with the constitutional provision to encourage public participation in public utilities, the grantees shall offer at least thirty per centum (30%) of its outstanding capital stock or higher percentage that may hereafter be provided by law in any securities exchange in the operations. Noncompliance therewith shall render the franchise ipso facto.

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Other provisions in RA 9707

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 9707 Section 16 (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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