Articles of Incorporation Sample
5
TREASURER’S AFFIDAVIT
Republic of the Philippines}
City of } S.S.
Province of }
I, _______________________________, being duly sworn, depose and say:
That I have been elected by the subscribers of the corporation as Treasurer thereof, to act as such
until my successor has been duly elected and qualified in accordance with the by-laws of the corporation,
and that as such Treasurer, I hereby certify under oath that at least 25% of the authorized capital stock of
the corporation has been subscribed and at least 25% of the subscription has been paid, and received by me
in cash for the benefit and credit of the corporation.
This is also to authorize the Securities and Exchange Commission and Bangko Sentral ng Pilipinas
to examine and verify the deposit in the ________________________, __________________ in my name
as treasurer in trust for ________________________________________________________in the amount
of __________________________________(________________)representing the paid up capital of the
corporation which is in the process of incorporation. This authority is valid and inspection of said deposit
may be made even after the issuance of the Certificate of Incorporation to the corporation. Should the
deposit be transferred to another bank prior to or after incorporation, this will serve as authority to verify
and examine the same. The representative of the Securities and Exchange Commission is also authorized to
examine the pertinent books and records of accounts of the corporation as well as all supporting papers to
determine the utilization and disbursement of the said paid up capital.
In case the said paid up capital is not deposited or withdrawn prior to the approval of the articles
of incorporation, I, on behalf of the above named corporation, waive our right to a notice and hearing in the
revocation of our Certificate of Incorporation.
___________________
Treasurer
SUBSCRIBED AND SWORN to before me this ____day of _____at ________, Philippines,
affiant exhibiting to me his Community Tax Certificate No.__________ issued at _______, on
____________.
Doc. No. ________; NOTARY PUBLIC
Page No. ________; Until Dec. 31, 20_______
Book No. _______;
Series of ________
Page 5/15
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