Question: No par value shares cannot be issued a.For less than P 5.00 b.With preference as to assets or as to dividends c.Without being fully paid

No par value shares cannot be issued

a.For less than P 5.00

b.With preference as to assets or as to dividends

c.Without being fully paid

d.By banks, trust companies, insurance companies, public utilities, and building and loan associations

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