Today is June 5, 2020

Issued Opinions for the Year 2014

 
Opinion No. 14-36
RE: Minimum number of Independent Directors; Articles of Incorporation

Opinion No. 14-35
RE: Remittance of Donations of a Domestic Corporation to that of a Foreign Foundation

Opinion No. 14-34
RE: Retail Trade Law; Republic Act No. 8762

Opinion No. 14-33
RE: Forced Acquisition of Foreign-Held Shares of Stocks in an Educational Institution

Opinion No. 14-32
RE: Foreign Ownership restrictions

Opinion No. 14-31
RE: Transfers under the Special Purpose Vehicle Act

Opinion No. 14-30
RE: Certificates of Eligibility in relation to Special Purpose Vehicle Act

Opinion No. 14-29
RE: Title to Real Properties; Liquidation

Opinion No. 14-28
RE: SEC- OGC Opinion No. 10-21; Interest in Co-Ownership as Consideration for Shares of Stocks

Opinion No. 14-27
RE: Foreign Equity Limitations on Corporations Engaged in Private Construction Contracts

Opinion No. 14-26
RE: Tour Operators as Export Market Enterprises under the Foreign Investment Act

Opinion No. 14-25
RE: Non-Stock Corporations; Quorum and Voting; Voting Rights

Opinion No. 14-24
RE: Department Secretaries/Agency Heads and their Representatives as Directors in a SEC-Registered GOCC

Opinion No. 14-23
RE: Closed Corporations; Powers of the President; Right of Inspection

Opinion No. 14-22
RE: Revoked Corporations; who may be liquidators

Opinion No. 14-21
RE: Foreign Corporation; Doing Business

Opinion No. 14-20
RE: Anti-Dummy Law; Foreign Directors in an Educational Institution

Opinion No. 14-19
RE: Anti-Dummy Law in Condominium Corporations

Opinion No. 14-18
RE: Perpetual Corporate Term of Existence

Opinion No. 14-17
RE: Certificate of Ownership of Columbay Vaults

Opinion No. 14-16
RE: SEC-OGC Opinion No. 08-11 on Power of Corporations to enter into Guaranty and Suretyship Agreements

Opinion No. 14-15
RE: Foreign Equity Limitation

Opinion No. 14-14
RE: Public Offering

Opinion No. 14-13
RE: Reversal of APIC and Reinvestment as Capital or as Loan

Opinion No. 14-12
RE: Retail Trade

Opinion No. 14-11
RE: Domestic market enterprises; mass media

Opinion No. 14-10
RE: Cumulative Voting in Condominium Corporation

Opinion No. 14-09
RE: Election of Trustees; Less than the number of seats

Opinion No. 14-08
RE: Retail Trade, R.A. 8762

Opinion No. 14-07
RE: Filling-up of Vacancies on the Board of Trustees

Opinion No. 14-06
RE: Marketing and Sale of Digital Publication Through the Internet and Mobile Technology; Advertising; Mass Media

Opinion No. 14-05
RE: Foreign Directors and Officers in a land-owning corporation

Opinion No. 14-04
RE: Qualification/Disqualification of Board of Directors; Conflict of Interest

Opinion No. 14-03
RE: Minimum public ownership of REIT; trustee of a pre-need trust fund

Opinion No. 14-02
RE: Trustee in Liquidation

Opinion No. 14-01
RE: Doing Business; Foreign Corporation Investing in a Consortium

SEC BULLETIN PRIVACY POLICY
WHAT PERSONAL INFORMATION WE COLLECT
We collect only the valid email addresses of individuals or organizations interested to subscribe in the SEC Bulletin.
IP Addresses
SEC Bulletin sign up form does not collect information about your computer (or mobile device), including IP addresses, operating system and browser type.
HOW WE COLLECT
For this project, SEC collects and uses email addresses through an online subscription/sign-up form located at the upper left portion of the website. This email addresses are to be incorporated in the mailing list created for the SEC Bulletin.
WHY COLLECT
The collected email addresses will be utilized solely for the mailing list. The email addresses will serve as a means to send out the SEC Bulletin to its subscribers. The email addresses will not be shared with outside parties of the SEC.
HOW TO KEEP YOUR PERSONAL INFORMATION SECURE
Only authorized SEC personnel are granted access to the email addresses collected by SEC through SEC Bulletin sign up from. This information collected are stored in a secure database. We use reasonable security safeguards to protect the information from loss, unauthorized access, use or disclosure.
RIGHTS OF THE DATA SUBJECT
Under the Data Privacy Act of 2012, a data subject refers to an individual whose personal information is collected and processed. We are duly bound to observe and respect your privacy rights, including your right to information, right to access, right to correct, right to remove, right to damages and right to data portability.
CONSENT FORM

In accordance with the Data Privacy Act of 2012, the SEC is committed to protect and respect the personal data gathered from our clients.If you voluntarily agree to subscribe to our newsletter and receive a monthly issue of the SEC Bulletin as well as other advisories, please provide a valid email address so we can include you in our subscription list.

Rest assured that the information collected will only be used for SEC Strategic Communication purposes and will not be publicized for the privacy and safety of our subscribers.

If you agree with these terms and conditions, please sign up now! Thank you

FEEDBACK ON THE PRIVACY NOTICE
For more information, suggestion and feedback on this Privacy Notice, please send your email to our Data Protection Officer at dpo@sec.gov.ph