RA 9829 (Pre-need Code of the Philippines) Section 12

Independent Directors.

Section 12

SEC. 12. Independent Directors. — Pre-need companies shall have at least two (2) independent directors or twenty percent (20%) of the members of the board, whichever is higher. For this purpose an "independent director" shall refer to a person other than an officer, employee or any person having a fiduciary relation to the pre-need company, its parent or subsidiaries, or any other individual having a relationship therewith, which may interfere with the exercise of independent judgment in carrying out the responsibilities of a director.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER III →

Other provisions in CHAPTER III

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 9829 (Pre-need Code of the Philippines) Section 12 (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).

Continue your research

RA 9829 (Pre-need Code of the Philippines), full textChapter navigation and full text, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year CHAPTER III — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections