Can we draw the following hypothesis from the context?

Context:

Lex Talionis Fraternitas, Inc. Sodalitas Ducum Futurorum is an exclusive fraternal organization of Filipino jurists, legal practitioners and law students founded on September 29, 1969 at the San Beda College of Law. A chapter in the Ateneo de Davao University School of Law was established in 1974. In 1983, the Securities and Exchange Commission granted the incorporation of the fraternity.

Hypothesis: In 1980 Lex Talionis Fraternitas, Inc. was not yet incorporated.
Yes