SEC Opinions

Market Regulation Department

Opinion No. 1

RE   : Delivery versus Payment (DVP)

 

 

Office of the General Counsel

 

Opinion No. 10-09

RE   : Foreigners as Corporate Directors

 

Opinion No. 10-07

RE   : Effect of Revocation of License to Transact Business in the Philippines

 

Opinion No. 10-06

RE   : Liquidation

 

Opinion No. 10-05

RE   : Business Processing and Collection Center as a Financing Company

 

Opinion No. 10-04

RE   : Investment of corporate funds in corporate notes.

 

Opinion No. 10-03

RE   : Assignment of Leasehold Rights

 

Opinion No. 10-02

RE   : Close holding corporation; Founder's shares

 

Opinion No. 10-01

RE   : Allowed activities for a foreign bank's representative office in the Philippines.

 

Opinion No. 09-01-A

RE   : Citizenship Requirement to participate in Private Recruitment.

 

Opinion No. 09-33

RE   : Activities that a foreign-owned corporation may engage.

 

Opinion No. 09-32

RE   : Increase of Foreign Equity in a Domestic Corporation engaged in online casino.

 

Opinion No. 09-31

RE   : Corporate Liquidation

 

Opinion No. 09-30

RE   : Exemption of 100% foreign owned holding company from minimum paid-up capital requirement.

 

Opinion No. 09-29

RE   : Powers of a Corporation

 

Opinion No. 09-27

RE   : Proxy : Non-eligibility for Election to the Board

 

Opinion No. 09-26

RE   : Increase of Capital Stock and Consideration for Stock

 

Opinion No. 09-25

RE   : Special Purpose Vehicle Act: Consideration for True Sale

 

Opinion No. 09-24

RE   : Mass revocation orders; Powers of a Revoked Corporation

 

Opinion No. 09-23

RE   : Foreign Equity Participation in Construction Business

 

Opinion No. 09-22

RE   : Retail trade; R.A. No. 8762

 

Opinion No. 09-21-A

RE   : Redemption of Preferred Shares; Treasury Shares

 

Opinion No. 09-21

RE   : Redemption of Preferred Shares; Treasury shares

 

Opinion No. 09-20

RE   : Corporate Powers : Ultra Vires Acts

 

Opinion No. 09-19

RE   : Rights of a corporation under liquidation

 

Opinion No. 09-18

RE   : Foreign Corporation : Doing Business

 

Opinion No. 09-17

RE   : Application of Anti-Dummy Law to a Condominium Corporation

 

Opinion No. 09-16

RE   : Secondary License

 

Opinion No. 09-15

RE   : Nationality Requirement on Rice and/or Corn Industry

 

Opinion No. 09-14

RE   : Freight Forwarding and Anti-Dummy Law

 

Opinion No. 09-13

RE   : Effective Date of Merger

 

Opinion No. 09-12

RE   : Concept of "doing business"

 

Opinion No. 09-11

RE   : Power of a Corporation to Purchase Its Own Shares

 

Opinion No. 09-10

RE   : Reclassification of Shares; Required Equity under the Finance Company Act

 

Opinion No. 09-09

RE   : Control Test : Alien Acquisition of Land

 

Opinion No. 09-08

RE   : Ownership, Control, Administration and Student Population of Educational Corporations

 

Opinion No. 09-07

RE   : Foreign Corporation : Doing Business

 

Opinion No. 09-06

RE   : Eligibility and Removal of Directors/Trustees

 

Opinion No. 09-05

RE   : Regular meeting of board of directors.

 

Opinion No. 09-04

RE   : Registration of Securities. Macam Larcia Ulep & Borge Law Offices.

 

Opinion No. 09-03

RE   : Anti-Dummy Law: Foreign Manager/Director

 

Opinion No. 09-02

RE   : Sebastian Liganor & Galinato

 

Opinion No. 08-27

RE   : Foreign equity in Condominium Corporation

 

Opinion No. 08-11

RE   : Power of the Board to Enter in Suretyship Agreement and to Issue Corporate Guarantee.

 

Opinion No. 07-18

RE   : Request for SEC Opinion on Compliance with the Ownership Requirement for a Public Utility

Mr. Rafael Bueno Jr.

 

Opinion No. 07-19

RE   : Request for SEC Opinion on Compliance with the Ownership Requirement for a Public Utility

Atty. Peter D. A. Barot

 

Opinion No. 07-20

RE   : Request for SEC Opinion on the Ownership Requirement for the grantees of public utility franchise

Atty. Amado M. Santiago Jr.

 

Opinion No. 07-21

RE   : Request for SEC Opinion on the Ownership Requirement for the grantees of public utility franchise

Atty. Andre Navato Jr.