f. Notarized Surety Contract conducted of the dealing with stockholders each individual or gang of individuals whose stockholdings is actually adequate to decide on minimum that (1) manager obligating on their own together and you can severally into lender to blow on time towards readiness, or when due, the fresh new Bangko Sentral, the successors or assigns, all of the promissory cards covering the emergency loan or progress. (The us government, the subdivisions, instrumentalities and you may providers, and government entities was exempted using this requirements) (Este Function Zero. 8).
g. Notarized Deed away from Negative Guarantee carried out of the controlling stockholders and you can every person or selection of persons whose stockholdings is sufficient to choose one or more (1) director, together with their respective licenses regarding stock. (The government, their subdivisions, instrumentalities and agencies, and you may the government was exempted out of this specifications.) (El Setting No. 9). Read more