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MS Feliciano - Chap 2 Digest
MS Feliciano - Chap 2 Digest
MS Feliciano - Chap 2 Digest
1
https://www.officialgazette.gov.ph/the-philippine-legal-
codes/
Main forms of business o Elimination of divorce and dowry
organizations in PH are: (1) sole- o Creation of judicial and
proprietorship; (2) partnerships; and extrajudicial family homes
(3) corporations. o A chapter on human rights
The Securities and Exchange o Provisions on the quieting of title
Commissions administers the and new easements
corporation law and registers such o Revival of holographic will
organizations o Increased successional rights of
SEC requirements to register a the surviving spouse and of
corporation: illegitimate children
(1) 5-15 directors and majority o Reclassification of defective
should be residents of the PH contracts; new quasi contracts
(2) 25% of proposed capitalization created
must be subscribed and 25% of o New chapter on reformation of
the subscription paid contracts
(3) Directors must be stockholders o Created some implied trusts
and at least two directors and the
secretary must be residents of
a. Family Code
the PH
- Came into effect 03 Aug 1988
- A corporation may exist for a period
- Amended civil code provisions on
not exceeding 50 years, unless
marriage and family
sooner dissolved or extended
- Some important changes introduced:
o Grounds for annulment
- Rules, powers, and capacities of a
(psychological incapacity)
corporation indicated in this code.
o Divorcee of foreign partner
- Under Philippine law, a foreign allowed to remarry
corporation is one which is o Changed property relations
incorporated according to the law of between spouses
a country other than the Philippines o Classification of children:
whose laws allow Filipino citizens legitimate, illegitimate,
and corporations to do business in its adopted
own country. Must be licensed by
SEC to do business in PH. b. Child and Youth Welfare Code
- Took effect 10 June 1975
- However, there are instances where - Amended certain parts of civil
a foreign corp. who hasn’t done any code
business in PH are allowed to sue - Applying to persons below 21 yrs
here because use of their products is old, except thos emancipated
prevalent in the country. - Important features:
o Rights and responsibilities of a
3. Civil Law child
- Became effective on 01 July 1950, o Parental authority
replacing the Spanish Civil Code of o Adoption
1889 o Rights, duties and liabilities of
- Divided into 4 books: (1) Persons, (2) parents
Property, (3) Different Modes of o Foster care
Acquiring Ownership, and (4) o Youth welfare
Obligations and Contracts. o Special categories of children
- 2,270 articles o Treatment given to youthful
- Some important changes:
offender
the State Insurance Fund,
c. Code of Muslim Personal Laws Medicare and adult education
- Promulgated on 04 Feb 1977
- Recognizing the legal system of
the Filipino Muslims and seeking
to make Islamic institutions more v. Book V: Labour Relations
effective, - covers the National Labour
- This code deals with: Relations Commission, the Bureau
o marriage (nikah), divorce (talaq), of Labour Relations, Labour
paternity and filiation, support organizations, unfair labour
(nafaqa), parental authority, civil practices, collective bargaining and
registry, succession and the shari’a the administration of agreements,
courts; jurisdiction for the strikes and lockouts, foreign
adjudication, settlement, and involvement in trade union activities
delivery of legal opinions. and special provisions.