EMETERIO SD. PEREZ

Does the Securities and Exchange Commission (SEC) still follow the 25-percent rule in getting the subscribed and paid-up portion of a company’s authorized capital stock (ACS)? If it does, then Due Diligencer can safely assume that stock corporations should have at least 25 percent of ACS subscribed and at least 25 percent of said subscribed portion of ACS paid-up.

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