And they say trustees and incorporators
have been fully informed that Higgins administrators and trustees were exploring a merger with another institution.
Millares further explained that he did not declare his connections with the other companies mentioned in the ombudsman's charge sheets as he was just appointed as honorary incorporator
by some close friends without truly paying any capital contributions.
6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees and Article 183 of the Revised Penal Code for failing to declare in his July 2010 and 2011 SALN that he is an incorporator
and distributor of P200,000 to the Isa Akong Magsasaka Foundation Inc.
Martin Abner Sicat, Maria Charisma Sicat and Edmon Bautista are the other Aremar incorporators
Lopez explained that as incorporator
and founding chairman of PHEI, Binay was then representing the 40 percent shareholdings owned by the City of Makati.
SEC has accepted the registration of Markable Solutions in accordance with the newly issued Guidelines on the Number and Qualifications of Incorporators
under the Revised Corporation Code.
The new code also introduces provisions that seek to remove the minimum number of incorporators
, permit the electronic filing of reportorial requirements and attendance in meetings via remote communication or in absentia, among others-practices that were not recognized in the old law.
According to their website, on November 2, 1953, bank director John Fribley wrote, "It is the intentions of the incorporators
that the bank be owned by as many residents of this community as possible in order that the bank justify its proposed name, namely 'The Peoples Bank.'"
She also alleged that boards and incorporators
of both museums have common members, causing conflicts of interest.
Long, former executive vice president of the bank, was one of the original CCSB incorporators
. Prior to joining CGSB, he was assistant vice president of Plymouth Guaranty Savings Bank.
He outlines nonprofit benefits and disadvantages; the rights and roles of incorporators
, officers, employees, and members; tax requirements; charity and foundation status; name choice and filing articles of incorporation; bylaws; state and federal tax exemption; organization; taxes; and hiring a lawyer and accountant.
citizenship and residency for members of the board and incorporators