Re: Qualifications of Members of the Board of Directors/Trustees

March 27, 2018SEC-OGC OPINION NO. 07-18RE: QUALIFICATIONS OF MEMBERS OF THE BOARD OF DIRECTORS/TRUSTEESAdlai C. Castigador, Ph.D.Executive DirectorPhilippine Association of Colleges and Universities Commission on AccreditationSuite 7, Mezzanine Floor, Eagle Star Condominium25 F. Dela Rosa St., Loyola Heights,Quezon CitySir :This refers to your letter dated 12 January 2018, requesting our opinion regarding qualifications of the members of the Board of Directors of your organization, the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA). You mentioned in your letter that the Board of Directors of PACUCOA issued a Resolution dated 24 April 2017 containing the qualifications of candidates for the Board. Specifically, the Resolution was issued to upgrade the qualifications of the candidates for the Board to include "TEN (10) YEARS OF EXPERIENCE AS ACCREDITOR WITH AT LEAST ONE ASSIGNMENT PER SEMESTER."In your letter, you also cited Section 3, Article II of the PACUCOA's By-laws, which provides that "[n]ominations and election shall be supervised by the Board of Directors according to the approved guidelines."Thus, you seek our opinion on whether your organization is required...