Section 37. Limitation to the Registration of a Firm, Company, Partnership, Corporation or Association. —

The practice of architecture is a professional service, admission to which shall be determined upon the basis of individual personal qualifications. However, a firm, company, partnership, corporation or association may be registered or licensed as such for the practice of architecture under the following conditions:

1. Only Filipino citizens properly registered and licensed as architects under this Act may, among themselves, or together with allied technical professionals, form and obtain registration as a firm, company, partnership, association or corporation for the practice of architecture;

2. Registered and licensed architects shall compose at least seventy-five percent (75%) of the owners, shareholders, members, incorporations, directors, executive officers, as the case may be;

3. Individual members of such firm, partnership, association or corporation shall be responsible for their individual and collective acts as an entity and as provided by law;

4. Such firm, partnership, association or corporation shall be registered with the Securities and Exchange Commission and the Board.