91. Which among the corporations classified by the Corporation Code are "special corporations"?

Legal Answer: Educational Corporation Religious Corporations

Legal Basis/ Sources:
Sec 106-108,Sec 109-116 of B.P. 68

 
 92. Define Educational Corporation.
Legal Answer:An educational corporation is a stock or non-stock corporation
organized to provide facilities for teaching or instruction.
Legal Basis/ Sources:Sec 88 & 106.
 93. What are the laws applicable to educational corporations?
Legal Answer:They are governed primarily by special laws, and suppletorily,
by the general provisions of the Corporation Code. Those organized as stock corporations
are governed by the provisions on stock corporation as to number and term of directors.
Legal Basis/ Sources:
Sec 106, Sec 108 of B.P. 68
 94. Which are the special laws governing educational corporations?
Legal Answer: Except insofar as may be provided by special laws,
the incorporation of educational corporations shall be governed by the provisions of the Code.
Legal Basis/ Sources:
Secs. 10-19 of B.P. 68
 95. How many trustees shall there be in educational corporations?
Legal Answer:
Board of trustees. ----- Trustees of educational institutions organized
as non-stock corporations shall not be less than five (5) nor more than fifteen
(15): Provided, however, That the number of trustees shall be in multiples of five (5).
Legal Basis/ Sources:
Sec. 108 of B.P. 68
 96. What is the term of office of the trustees of educational institutions?
Legal Answer:
Unless otherwise provided in the articles of incorporation or by-laws,
the board of trustees of incorporated schools, colleges, or other institutions
of learning shall, as soon as organized, so classify themselves that the term of
office of one-fifth (1/5) of theri number shall expire every year. Trustees thereafter
elected to fill vacancies, occurring before the expiration of a particular term, shall
hold office only for the unexpired period. Trustees elected thereafter to fill vacancies
caused by expiration of term shall hold office for five (5) years.
Legal Basis/ Sources: Sec. 108 of B.P. 68
 97. How many trustees shall constitute quorom for the transaction of business?
Legal Answer:
A majority of the trustees shall constitute a quorom for the transaction of business.
Legal Basis/ Sources:
Sec. 108 of B.P. 68
98. How many directors should there be in educational institutions organized as stock corporations?
Legal Answer:
For institutions organized as stock corporations, the number and term of
directors shall be governed by the provisions on stock corporation.
 
The number of directors or trustees, which shall not be less than five (5)
nor more than fifteen (15).
Legal Basis/ Sources:
Sec 14. & Sec. 108. of B.P. 68