Increase of the equity of a LLC (SIA) with no minimum capital requirement
5. Articles of Association
The Statutes shall be signed by the Management Board and the persons who signed the minutes of the meeting of Members or the decision deciding on amendments to the Statutes.
The document must specify:
- name (firm name);
- the duration and purpose of the activity (if the company is established for a specified period of time or for the achievement of a specified objective);
- the size, number and nominal value of the share capital;
- right of representation (right of members of the board of directors to represent the company individually or jointly);
- number of members of the Council, if the company has a Council;
- special provisions for the alienation of shares (optional);
- if a company has different categories of parts - categories of parts (indicating the rights arising from each category of parts) and the number and nominal value of the parts of each category;
- other provisions deemed relevant by the founder (optional);
- date of signing.
The right of the Board to sign the Statutes cannot be redelegated to a third party because it is the exclusive right of the Board.
Only regulations shall be included in the articles of association, information regarding, for example, the registered office, specific persons who are members and officials, as well as the division of the members' shares shall not be included therein.
Statūtu paraugs (1 dalībnieks)
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Statūtu paraugs (2 un vairāk dalībnieki)
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Statūtu paraugs, 1 dalībnieks (ENG)
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Statūtu paraugs, 2 un vairāk dalībnieki (ENG)
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