48. DISTINGUISH CORPORATION AGGREGATE FROM CORPORATION SOLE.

LEGAL ANSWER:
CORPORATION SOLE IS ONE FORMED BY THE CHIEF ARCHBISHOP, BISHOP, PRIEST, MINISTER,
RABBI OR OTHER PRESIDING ELDER OF A RELIGIOUS DENOMINATION, SECT, OR CHURCH, FOR THE
PURPOSE OF ADMINISTERING OR MANAGING, AS TRUSTEE, THE AFFAIRS, PROPERTIES AND
TEMPORALITIES OF SUCH RELIGIOUS DENOMINATION, SECT OR CHURCH WHILE CORPORATION
AGGREGATE IS FORMED FOR THE SAME PURPOSE; CONSISTS OF 2 OR MORE PERSONS.

LEGAL BASIS:
SECTION 109 AND 110 OF THE CORPORATION CODE OF THE PHILIPPINES
52. ENUMERATE AND DISCUSS THE RELIGIOUS CORPORATIONS.

LEGAL ANSWER:
A CORPORATION SOLE IS A SERIES OF SUCCESSIVE PERSONS. IL IS A BODY POLITIC HAVING
PERPETUAL SUCCESSION, CONSTITUTED IN A SINGLE PERSON, WHO, IN RIGHT OF SOME OFFICE OR
FUNCTION, HAS CAPACITY TO LAKE, PURCHASE, HOLD AND DEMISE LAND AND HERIDITAMENTS AND
NOW ALSO TO LAKE AND HOLD PERSONAL PROPERTY, TO HIM AND HIS SUCCESSORS IN SUCH OFFICE
FOR EVER, THE SUCCESSION BEING PERPETUAL, BUT NOT ALWAYS UNINTERRUPTEDLY CONTINUOUS;
THAT IS, THERE MAY BE, AND MOSTLY ARE, PERIODS IN THE DURATION OF A CORPORATION SOLE,
OCCURRING IRREGULARLY, IN WHICH THERE IS A VACANCY, OR NO ONE IN EXISTENCE IN WHOM THE
CORPO¬RATION RESIDES AND IS VISIBLY REPRESENTED.
A CORPORATION AGGREGATE IS A GROUP OF CO-EXISTING PERSONS. “IT IS A COLLECTION OF
INDIVIDUALS UNITED INTO ONE BODY UNDER A SPECIAL DENOMINATION, HAVING PERPETUAL
SUCCESSION UNDER AN ARTIFICIAL FORM, AND VESTED BY THE POLICY OF THE LAW WITH THE
CAPACITY OF ACTING IN SEVERAL RESPECTS AS AN INDIVIDUAL, PARTICULARLY OF TAKING AND
GRANTING PROPERTY, OF CONTRACTING OBLIGATIONS AND OF SUING AND BEING SUED, OF ENJOYING
PRIVILEGES AND IMMUNITIES IN COMMON, AND OF EXPRESSING A VARIETY OF POLITICAL RIGHTS, MORE
OR LESS EXTENSIVE, ACCORDING TO THE DESIGN OF ITS INSTITUTION, OR THE POWERS CONFERRED
UPON IT, EITHER AT THE TIME OF ITS CREATION OR AT ANY SUBSEQUENT PERIOD OF ITS EXISTENCE.”

LEGAL BASIS:
SECTION 109 OF THE CORPORATION CODE OF THE PHILIPPINES
99. HOW MANY CLASSES OF RELIGIOUS CORPORATIONS ARE THERE?

LEGAL ANSWER:
THERE ARE TWO CLASSES OF RELIGIOUS CORPORATIONS. SUCH CORPORATIONS MAY BE
CLASSIFIED INTO CORPORATIONS SOLE AND RELIGIOUS SOCIETIES.

LEGAL BASIS:
SECTION 109 OF THE CORPORATION CODE OF THE PHILIPPINES
100. DEFINE CORPORATION SOLE.

LEGAL ANSWER:
CORPORATION SOLE IS ONE FORMED BY THE CHIEF ARCHBISHOP, BISHOP, PRIEST, MINISTER,
RABBI OR OTHER PRESIDING ELDER OF A RELIGIOUS DENOMINATION, SECT, OR CHURCH, FOR THE
PURPOSE OF ADMINISTERING OR MANAGING, AS TRUSTEE, THE AFFAIRS, PROPERTIES AND
TEMPORALITIES OF SUCH RELIGIOUS DENOMINATION, SECT OR CHURCH.

LEGAL BASIS:
SECTION 110 OF THE CORPORATION CODE OF THE PHILIPPINES
101. WHO MAY FORM A CORPORATION SOLE?

LEGAL ANSWER:
A CORPORATION SOLE MAY BE FORMED BY THE CHIEF ARCHBISHOP, BISHOP, PRIEST, MINISTER,
RABBI OR OTHER PRESIDING ELDER OF SUCH RELIGIOUS DENOMINATION, SECT OR CHURCH.

LEGAL BASIS:
SECTION 110 OF THE CORPORATION CODE OF THE PHILIPPINES
102. WHAT IS THE PURPOSE OF A CORPORATION SOLE?

LEGAL ANSWER:
A CORPORATION SOLE IS FORMED FOR THE PURPOSE OF ADMINISTERING AND MANAGING, AS
TRUSTEE, THE AFFAIRS, PROPERTY AND TEMPORALITIES OF ANY RELIGIOUS DENOMINATION, SECT OR
CHURCH.

LEGAL BASIS:
SECTION 110 OF THE CORPORATION CODE OF THE PHILIPPINES