ON DISTRIBUTION OF ASSETS IN NONSTOCK CORPORATIONS
A plan providing for the distribution of assets, may be adopted by a nonstock corporation
Such plan shall be adopted upon approval of at least two-thirds (2/3) of members having voting rights
Assets of a nonstock corporation may be distributed to societies, organizations or corporations
WHAT IS EMPLOYEES’ COMPENSATION PROGRAM?
Employees’ Compensation Program provide benefits to employees and their dependents in the event of work-connected disability or death
Disability means loss or impairment of a physical or mental function resulting from injury or sickness
Compensation means all payments for income benefits, and medical or related benefits
RESTRICTIONS ON TOBACCO PROMOTIONS UNDER TOBACCO REGULATION ACT OF 2003
Promotions refer to events or activities organized by a tobacco manufacturer, distributor or retailer with the aim of promoting a brand of tobacco product
Tobacco promotions must be directed only to persons at least eighteen (18) years old
The participants in promotions must be required to provide proof of age
EXPANDED JURISDICTION OF FIRST LEVEL COURTS
Metropolitan Trial Courts (MeTC), Municipal Trial Courts in Cities (MTCC), Municipal Trial Courts (MTC), and Municipal Circuit Trial Courts (MCTC) are first level courts
Regional Trial Courts are second level courts
A new law was enacted expanding the jurisdiction of first level courts
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