Republic Acts1 min read
Section 12Sec./Art. 12
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Coverage. - The duties, obligations, responsibilities and standards of care provided under this Chapter shall be applicable to all members of the Board of Directors/Trustees and Officers of GOCCs and subsidiaries now existing or hereafter created including government appointed directors in affiliate corporations. These duties, obligations and responsibilities shall be in addition to the powers and functions provided in the individual charters or articles of incorporation and bylaws of the respective GOCCs.
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