Lay Corporation Open Corporation Corporation by estoppel

Non Stock Corporation Domestic Corporation Corporation Sole

Ecclesiastical Corporation Foreign Corporation Holding Corporation
Close Corporation De Jure Coporation Subsidiary Corporation
Stock Corporation De Facto Corporation Quasi-Public Corporation

1. A type of corporation which has accepted from the State the grant of a franchise or
contract involving the performance of public duties (also known as public service
corporations).
2. This is a corporation which is so defectively formed as not to de jure or de facto
but are considered as corporations in relation to only those who cannot deny their
existence due to their agreement, admission or conduct.
3. These are juridical entities created or organized in strict or substantial compliance
with the statutory requirements of incorporation and whose right to exist as such
cannot be successfully attacked even by the State in a quo warranto proceeding.
4. These corporations exist by virtue of an irregularity or defect in the organization
or constitution or from some other omission to comply with the conditions
precedent by which corporations de jure are created.
5. This corporation confine its activities to owning stock in or holding it, and
supervising the management of other companies.
6. These are corporations wherein its shares of stock are held by a limited number of
persons.