<aside> 💡 **Salient Features

Revised Corporation Code and National Internal Revenue Code

Included Topics:** Maritime Law — IV B (Removed as per Bar Bulletin No. 1) Foreign Investments — I I 2 Negotiable Instruments Law (Removed as per Bar Bulletin No. 1) Competition Law Basic Principles of Transfer Taxes Remedies of simultaneous institution of Civil and Criminal Action for Collection — XIV K 1 b Law on Partnership (transferred from Civil Law)

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I. CORPORATION LAW (R.A. No. 11232, Revised Corporation Code)

A. General Principles

B. Kinds of Corporations

C. Incorporation and Organization

D. Directors and Trustees

E. Powers of Corporations; Incidental Powers; Ultra Vires Doctrine (R.A. No. 11232, Sections 34-44)

F. Stockholders and Members

G. Mergers and Consolidations — R.A. No. 11232, Sections 39 and 75-79

H. Corporate Dissolution and Liquidation (R.A. No. 11232, Sections 133-138)

I. Foreign Corporations — R.A. No. 11232, Sections 140-153

II. PARTNERSHIP

A. General Provisions

B. Obligations of Partners Among Themselves — Civil Code, Articles 1784-1809

C. Property Rights of Partners — Civil Code, Articles 1810-1814

D. Obligations of Partnership/Partners to Third Persons — Civil Code, Articles 1815-1827

E. Dissolution and Winding Up — Civil Code, Articles 1828-1842

F. Limited Partnership — Civil Code, Articles 1843-1867

III. INSURANCE LAW (P.D. No. 612, as amended by R.A. No. 10607)

A. Concept of Insurance — R.A. No. 10607, Sections 2-9