NOTICE
Pursuant to Memorandum of Agreement dated July 14, 2011
of the Securities and Exchange Commission (SEC) and Land Bank
of the Philippines (LBP), selected branches nationwide of LBP
now accept applications for registration of stock corporations
with subscriptions paid in cash.
SEC Green Lane forms of articles of incorporation and by-
laws shall be available in LBP for the applications. Upon receipt
and processing, LBP shall forward the application to SEC for
approval and issuance of the Certificate of Incorporation.
LBP shall not accept the following:
14. Those with more than forty percent (40%) foreign
equity under the Foreign Investments Act of 1991, as amended;
and !
2. Those with secondary license issued by SEC (i.e.
Lending, Financing Companies, etc.)
Verification of proposed name and payment of filing fee can
also be done in LBP.
For further information, please inquire at the nearest LBP
Branch.NOTICE —“"*
PURSUANT TO MEMORANDUM OF
AGREEMENT DATED JULY 14, 2011 OF THE
SECURITIES AND EXCHANGE COMMISSION
(SEC) AND LAND BANK OF THE PHILIPPINES
(LBP), SELECTED BRANCHES NATIONWIDE
OF LBP NOW ACCEPT APPLICATIONS FOR
REGISTRATION OF STOCK CORPORATIONS
WITH SUBSCRIPTIONS PAID IN CASH.
VERIFICATION OF PROPOSED NAME AND
PAYMENT OF FILING FEE CAN ALSO BE DONE
IN LBP.
FOR FURTHER INFORMATION, _PLEASE
INQUIRE AT THE NEAREST LBP BRANCH.
SEC MANAGEMENT