Final answer:
The statements regarding corporate by-laws and their filing with the SEC depend on the legislation of the country where the corporation is registered, making it difficult to declare them universally true or false without specific jurisdictional context.
Step-by-step explanation:
The question pertains to the by-laws of a corporation and their filing with the Securities and Exchange Commission (SEC), which is a relevant aspect of corporate law. For the given statements:
- S1: The by-laws of a corporation may provide that the stockholders or trustees meeting may be outside of the Philippines.
- S2: The code of by-laws may be filed with the SEC either before or after incorporation.
Since the correctness of the statements can vary depending on specific jurisdiction legislations, it is generally true that many jurisdictions allow corporate meetings to be held outside of the country where the corporation is registered, and that by-laws can usually be filed with the governing regulatory body either before or after the corporation is officially formed.
However, without a specific jurisdiction in mind, it is difficult to declare these statements as universally true or false. Normally, the specific corporate law of the country in which the corporation is registered would provide the accurate answer to these statements.