Sunday, October 30, 2016

Sunday conundrum, 30 October 2016

Is there a difference between incorporators and incorporating stockholders of a corporation? Villanueva and Villanueva-Tiansay seem to think so.

On page 203 of their book Philippine Corporate Law, 2013 Edition we can read this passage:


So far, I have not read any other author making the distinction. In fact, De Leon does not mention the term "incorporating stockholder" in his textbook.

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