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effectivity of amendments of by-laws

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1effectivity of amendments of by-laws Empty effectivity of amendments of by-laws Fri Aug 12, 2011 8:52 pm

aizle


Arresto Menor

good day!
ask lang po, we are in the process of amending our by-laws. it's already been forwarded at SEC. Some of the amendments are the following:
1. changing the term of trustees from 2 years to 3 years
2. increasing the amount of per diem of trustees.

our last election was held last January 2011.

if the amendments were approved by SEC this year, will it take effect this year also?

thanks and more power! Very Happy

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