SEC. 27 of Batas Pambansa Blg. 68 "The Corporation Code of the Philippines" refers to the disqualification of directors, trustees or officers as follows:
SEC. 27. Disqualification Of Directors, Trustees or Officers. - No person convicted by final judgment of an offense punishable by imprisonment for a period exceeding six (6) years, or a violation of this Code committed within five (5) years prior to the date of his election or appointment, shall qualify as a director, trustee or officer of any corporation.
