Question
1. The law creating the National Military and Development Authority (NMDA) provides that it has an authorized capital of One Hundred Billion Pesos (P100,000.00.00) which
1. The law creating the National Military and Development Authority (NMDA) provides that it has an authorized capital of One
Hundred Billion Pesos (P100,000.00.00) which may be fully subscribed by the Republic of the Philippines and shall other be paid up
from the proceeds of the sales of its land asses
it is created, among others to own hold and/or administer military reservations in the country and implement as conversion to other productive use
It stock or non stock corporation?
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Managing the Law The Legal Aspects of Doing Business
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
5th edition
133847152, 134717244, 9780134717241, 978-0133847154
