Religious societies. - Any religious society or religious order, or any diocese, synod, or district organization of any religious denomination, sect or church, unless forbidden by the constitution, rules, regulations, or discipline of the religious denomination, sect or church of which it is a part, or by competent authority, may, upon written consent and/or by an affirmative vote at a meeting called for the purpose of at least two-thirds (2/3) of its membership, incorporate for the administration of its temporalities or for the management of its affairs, properties and estate by filing with the Securities and Exchange Commission, articles of incorporation verified by the affidavit of the presiding elder, secretary, or clerk or other member of such religious society or religious order, or diocese, synod, or district organization of the religious denomination, sect or church, setting forth the following: 1.

The membership interests, if any, of the corporation are reclassified into LLC membership interests in accordance with the plan of entity conversion, and the members of the converting entity are entitled only to the rights provided in the plan of entity conversion; 6 http://home-investments.com/library/corporations-law-and-policy-materials-and-problems-american-casebook-series. The statement of termination shall be executed by the corporation that filed the amendment and shall set forth: (1) A copy of the articles of amendment. (2) A statement that the amendment has been terminated in accordance with the provisions therefor set forth therein , cited: http://hudsoncriminaldefenselawyer.com/lib/shareholder-participation-and-the-corporation-a-fresh-inter-disciplinary-approach-in-happiness. Voluntary dissolution where no creditors are affected; Voluntary dissolution where creditors are affected; Shortening of corporate term. Voluntary dissolution where no creditors are affected The formal and procedural requirements necessary are the following: Majority vote of the board of directors or trustees; Sending of notice of each stockholders or member either by registered mail or personal delivery at least thirty (30) days prior to the meeting (scheduled by the board for the purpose of submitting the board action to dissolve the corporation for approval of the stockholder or members.); Publication of the notice of time, place and subject of the meeting for three (3) consecutive weeks in a newspaper published in the place where the principal office of said corporation is located or in a newspaper of general circulation in the Philippines; Resolution adopted by the affirmative vote of the stockholders owning at least 2/3 of the outstanding capital stock or 2/3 of the members at the meeting duly called for the purpose; A copy of the resolution authorizing the dissolution must be certified by a majority of the board of directors or trustees and countersigned by the corporate secretary; Issuance of a certificate of dissolution by the SEC download.

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