Company Law
Posted in business on October 13th, 2009 by Admin – Comments Off
Act on partnerships and limited companies (Company Act).
DATE: LOV-1985-06-21-83
DEPARTEMENT: JD (Justice and Police)
Published: ISBN 82-504-1440-3
EFFECTIVE DATE: 1986-07-01
LAST-MODIFIED: LOV-2007-06-29-81 from 2008-01-01
Changed:
SHORT TITLE: Company law – sel.
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Act on partnerships and limited companies (Company Act).
Chap 1 Act area
- 1-1. Act’s general scope
- 1-2. Definitions
- 1-3. Act local scope
- 1-4. Act invariable
- 1-5. Use of electronic communication between the company and participants
Chap 2 General provisions for companies
- 2-1. Part Position
- 2-2. Participants in the company
- 2-3. Company Appointment
- 2-4. Responsibility for corporate liabilities
- 2-5. Recourse
- 2-6. Deposits
- 2-7. Separation of the company’s assets
Company Meeting
- 2-8. (1) Company is meeting the company’s highest authority.
- 2-9. (1) The company that the last three fiscal years the average has been more than 30 employees, two thirds of the employees claim that these among themselves …
- 2-10. (1) The King may issue supplementary regulations to ยง 2-9 first, second and third paragraphs, including tenure, the conditions for voting and eligibility, if …
- 2-11. (1) Society Meeting convened in the appropriate manner and with due notice. The notice shall state whether the question to be decided at the meeting.
- 2-12. (1) Only corporate participants have voting rights in the company meeting. All who have the right to vote must have voted for, if the proposal for decision shall be deemed …
Board
- 2-13. (1) It can be agreed that the company shall have a board of directors. This must be passed on the general management of the company. Board members, and in case …
- 2-14. (1) Board member serving for two years, unless otherwise agreed. One member stood up to a new director is chosen, even if the service time …
- 2-15. (1) The Board shall have a leader. Unless otherwise agreed to select the board chairman.
- 2-16. (1) Unless otherwise agreed, the Board is a quorum when more than half of all board members are present. The Board can not take …
- 2-17. Director or manager must not participate in treatment or decision of any question that has so …
- 2-18. General Manager
- 2-19. Removal of board member
- 2-20. The participants’ management authority
