Mr. Jorge Serrana

August 16, 1996 Mr. Jorge Serrana L9, B8, Del Carmen, Saint Mary Nangka, Marikina S i r : This refers to your letter dated July 31, 1996 inquiring on the basis of the SEC in requiring the word "Incorporated" or "Inc." to be affixed in the corporate name. prcd Please be advised that it has been the policy of the SEC to require corporate names to contain the word "Corporation" or "Incorporated" or their abbreviations "Corp." or "Inc." The purpose of the requirement is to distinguish companies or associations which are incorporated under the Corporation Code from partnerships, single proprietorships, and unregistered associations. The "SEC Guidelines in the Approval of Corporate and Partnership Names" provides, thus: a. The corporate name should contain the word "Corporation" or " Incorporated ",while the partnership name should contain the word "Company";(Emphasis supplied) The above policy finds support under Section 15 of the Corporation Code, quoted hereunder, which provides for the form of Articles of Incorporation: "SECTION 15. Form of articles of incorporation . Unless otherwise prescribed by special law, articles of incorporation of all domestic corporation shall comply substantially with the following form: xxx xxx xxx FIRST: That the name of said corporation shall be "_____________, Inc .or Corporation " (Emphasis supplied) Please be advised accordingly. Very truly yours, (SGD.) FE ELOISA C. GLORIA Associate Commissioner