ChanRobles Virtual law Library



PHILIPPINE LAWS, STATUTES & CODES

A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.



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Republic Acts :

REPUBLIC ACTS

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REPUBLIC ACT NO. 2040
REPUBLIC ACT NO. 2040 - AN ACT TO EXTEND THE CORPORATE EXISTENCE OF THE BAGUIO COUNTRY CLUB CORPORATION




Section 1.    The corporate existence of the Baguio Country Club Corporation is hereby extended for fifty years counting from the nineteenth day of February, nineteen hundred and fifty-seven, subject to the filing by said corporation with the Securities and Exchange Commission of a copy of its amended articles of incorporation, duly certified to be correct by the president and the secretary of the corporation and a majority of the board of directors, setting out that its corporate existence is to expire fifty years from the nineteenth day of February, nineteenth hundred and fifty-seven.  

Sec. 2.    The Securities and Exchange Commission shall be entitled to collect and receive for the filing of the amended article of incorporation, referred to in section one, the same fees that it may be entitled to collect and receive for the filing of articles of incorporation as now provided by law.cralaw

Sec. 3.    All Acts or parts of Acts inconsistent or in conflict with this Act are hereby repealed.cralaw

Sec. 4.    This Act shall take effect upon its approval.cralaw

Enacted, without Executive approval, June 23, 1957.


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