If a specific power is not explicitly granted to an autonomous region, who holds that power?
All powers not expressly granted to the autonomous regions by the Constitution or law remain safely vested in the National Government.
Is the autonomous region responsible for its own military defense against external threats?
The National Government retains full constitutional responsibility for the overall defense and security of the autonomous regions.
What is the rule concerning the forfeiture of assets of a corporation involuntarily dissolved for illegal acts?
What is the rule concerning the forfeiture of assets of a corporation involuntarily dissolved for illegal acts? If a corporation is ordered dissolved by final judgment for committing or aiding in securities violations, money laundering, or graft and corrupt practices, its assets, after payment of its liabilities, shall be forfeited in favor of the national
What happens to assets distributable to an unknown or unfound creditor, stockholder, or member during liquidation?
What happens to assets distributable to an unknown or unfound creditor, stockholder, or member during liquidation? Except for assets distributed under specific nonstock corporation rules (Sections 93 and 94), upon the winding up of corporate affairs, any asset distributable to a creditor, stockholder, or member who is unknown or cannot be found shall be escheated
