The Provisions On Public Limited Liability Companies The Person A Model Statute

Original Language Title: Noteikumi par publiskas personas akciju sabiedrības tipveida statūtiem

Read the untranslated law here: https://www.vestnesis.lv/op/2015/160.1


Cabinet of Ministers Regulations No. 453 in Riga august 4, 2015 (pr. No 37 21) rules on public limited liability companies the person model statutes Issued pursuant to public people's capital shares and enterprises management law 46. the second paragraph of article 1. approve the following standard terms of reference: 1. the public shares of the company's standard terms of reference, which does not have a Council (annex 1); 1.2. the public person's shares of the company's articles of Association, where a model has a Council (annex 2). 2. If a public company of the person's commercial activities are governed by special legislation, the statutes of the society include the order in which the rules will be provided. Prime Minister – Finance Minister John Minister of Economics from Rare Dana Reizniec-annex 1 oak Cabinet 2015 4. Regulation No. 453 of august The public shares of the company's standard terms of reference, which is not a Council i. General provisions 1. Company: joint stock company "_____ ____ ____ ____ ____" (hereinafter – the company). Note the. State or municipal Corporation company, which until the public people's capital shares and enterprises management date of entry into force of the law to include "national" or "local", you can also save it after the entry into force of the law. Company references included in the operator's way can be shortened, subject to commercial law article 27, third paragraph. 2. Public activities (NACE): 2.1 ____ ____ ____ ____; 2.2. ________________; 2.3. ________________; etc. 3. Notification of the convening of the general meeting and the documents related to the management and control of the public authorities and members of the public sent by post or electronically to the addresses, which are announced to the public, or served personally. 4. Company duration is _____ _____ _____ ___. Note the. The following articles of the company includes, if the company is established for a certain period of time. 5. the objective of the activities is the _____ _____ _____ ___. Note the. The following articles of the company includes, if the company is founded by a certain objective. II. The company's capital and securities 6. The company's share capital is eur, consisting of shares.   (sum of digits)   (number of digits)  
7. All shares of the company have the same rights to receive dividends. 8. All of the shares of a company, except the staff shares have the same rights to liquidation quota and voting rights in the general meeting. 9. All of the company's shares are registered shares. Note the. If the company has a staff of shares, public statutes specify the number of shares to staff. 10. All of the company's shares are dematerialised shares. 11. the nominal value of each company's shares is one euro. III. the Management Board shall consist of 12 members of the Executive Board.   (number of words) 13. The Management Board shall be elected for a period of five years. 14. the Governing Board shall adopt decisions by the members of the Board present a simple majority. Note the. The society's statutes may provide a greater majority. This paragraph shall not be included in the statutes of the company, if the company has one Board member. 15. in addition to the statutory limitations on the Management Board may not contain any of the following persons: 15.1 ____ ____ ____ ____; 15.2. ________________; 15.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 16. Members of the Executive Board may authorise the members of the Board one or more Board members to conclude certain transactions or certain kinds of transactions. Note the. This paragraph shall not be included in the statutes of the company, if the company has one Board member. 17. in addition to the legal Board requires prior consent of the general meeting deciding such issues: 17.1. ____ ____ ____ ____; 17.2. ________________; 17.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 18. the Executive Board shall organize their work according to a certified procedure. Note the. This paragraph shall not be included in the statutes of the company, if the company has one Board member. IV. Public termination 19. In addition to the legal firm shall cease in the following situations: 19.1. ____ ____ ____ ____; 19.2. ________________; 19.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not being out in the other cases.
Stake holder's representative (name, surname, signature) 20 ___. year ___. ___ ____ ____ ___ (the) Economic Minister Dana Reizniec-annex 2 Oak Cabinet 2015 4. Regulation No. 453 of august the public person's shares of the company's articles of Association, where a model has a Council, i. General provisions 1. Company: joint stock company "_____ ____ ____ ____ ____" (hereinafter – the company). Note the. State or municipal Corporation company, which until the public people's capital shares and enterprises management date of entry into force of the law to include "national" or "local", you can also save it after the entry into force of the law. Company references included in the operator's way can be shortened, subject to commercial law article 27, third paragraph. 2. Public activities (NACE): 2.1 ____ ____ ____ ____; 2.2. ________________; 2.3. ________________; etc. 3. Notification of the convening of the general meeting and the documents related to the management and control of the public authorities and members of the public sent by post or electronically to the addresses, which are announced to the public, or served personally. 4. Company duration is _____ _____ _____ ___. Note the. The following articles of the company includes, if the company is established for a certain period of time. 5. the objective of the activities is the _____ _____ _____ ___. Note the. The following articles of the company includes, if the company is founded by a certain objective. II. The company's capital and securities 6. The company's share capital is eur, consisting of shares.   (sum of digits)   (number of digits)  
7. All shares of the company have the same rights to receive dividends. 8. All of the shares of a company, except the staff shares have the same rights to liquidation quota and voting rights in the general meeting. 9. All of the company's shares are registered shares. Note the. If the company has a staff of shares, public statutes specify the number of shares to staff. 10. All of the company's shares are dematerialised shares. 11. the nominal value of each company's shares is one euro. III. the Council is composed of 12 Council members.   (number of words) 13. Council member is elected for five years. 14. the Council takes decisions by the members of the Council present a simple majority. Note the. The society's statutes may provide a greater majority. The company's articles of association may provide that, by a similar votes, the President of the Council shall have a casting vote. 15. in addition to the statutory restrictions on the Council shall be the following: 15.1 the ____ ____ ____ ____; 15.2. ________________; 15.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 16. the Council organizes its work according to a certified procedure. IV. composition of the Board the Board has 17 members.   (number of words) 18. The Management Board shall be elected for a period of five years. 19. the Governing Board shall adopt decisions by the members of the Board present a simple majority. Note the. The society's statutes may provide a greater majority. This paragraph shall not be included in the statutes of the company, if the company has one Board member. 20. in addition to the statutory limitations on the Management Board may not contain any of the following persons: 20.1. ____ ____ ____ ____; 20.2. ________________; 20.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 21. The members of the Executive Board may authorise the members of the Board one or more Board members to conclude certain transactions or certain kinds of transactions. Note the. This paragraph shall not be included in the statutes of the company, if the company has one Board member. 22. in addition to the legal Board requires prior consent of the Council the following question for decision: 22.1. _____ _____ _____; 22.2._______________; 22.3._______________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 23. in addition to the legal Board requires prior consent of the general meeting deciding such issues: 23.1. ____ ____ ____ ____; 23.2. ________________; 23.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 24. the Executive Board shall organize their work according to a certified procedure. Note the. This paragraph shall not be included in the statutes of the company, if the company has one Board member. V. 25 termination of Society. in addition to the legal firm shall cease in the following situations: 25.1. ____ ____ ____ ____; 25.2. ________________; 25.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not being out in the other cases.
Stake holder's representative (name, surname, signature)

    20 ___. year ___. ___ ____ ____ ___ (the) Economic Minister Dana Reizniec-oak