Rules For The Public People By Limited Liability Companies A Model Statute

Original Language Title: Noteikumi par publiskas personas sabiedrības ar ierobežotu atbildību tipveida statūtiem

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Read the untranslated law here: https://www.vestnesis.lv/op/2015/160.2

Cabinet of Ministers Regulations No. 454 in Riga august 4, 2015 (pr. No 37 22. §) rules on public people by limited liability companies a model statute Issued in accordance with the Public person part of the capital and the management of the Corporation Law article 46 second part 1. approve the terms of reference of such a model: the 1.1 public people by limited liability companies a model statute, which does not have a Council (annex 1); 1.2. the public people by limited liability companies a model statute that has a Council (annex 2). 2. If the person the public limited liability company commercial activity 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. 454 of august the public people by limited liability companies a model statute, which is not a Council i. General questions 1. Company: limited liability 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 a meeting of members and related documents for 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. Share capital and part 6. The company's share capital is eur.   (sum of digits)  
7. the company's share capital is divided into shares.   (number of digits)  
8. Shares in the nominal value of one euro. III. Executive Board the Executive Board is composed of 9 members.   (number of words) 10. The Management Board shall be elected for a period of five years. 11. 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. 12. in addition to the statutory limitations on the Member of the Management Board shall be the following: 12.1. ____ ____ ____ ____; 12.2. ________________; 12.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 13. 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. 14. in addition to the legal Board requires prior consent of the meeting of members the following question: for decision 14.1. ____ ____ ____ ____; 14.2. ________________; 14.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 15. 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. the termination of 16 Public. in addition to the legal firm shall cease in the following situations: 16.1. ____ ____ ____ ____; 16.2. ________________; 16.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not being out in the other cases.
Shares representative of the holder (name, surname, signature) 20 ___. year ___. ___ ____ ____ ___ (the) Economic Minister Dana Reizniec-annex 2 Oak Cabinet 2015 4. Regulation No. 454 of august the public people by limited liability companies a model statute, which has Council i. General questions 1. Company: limited liability 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 a meeting of members and related documents for 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. Share capital and part 6. The company's share capital is eur.   (sum of digits)  
7. the company's share capital is divided into shares.   (number of digits)  
8. Shares in the nominal value of one euro. III. the Council the Council shall consist of 9 members.   (number of words) 10. Council member is elected for five years. 11. 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. 12. in addition to the statutory restrictions on the Council shall be the following: 12.1. ____ ____ ____ ____; 12.2. ________________; 12.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 13. the Council organizes its work in accordance with arrangements which it has approved. IV. Governing Board Board shall be composed of 14 members.   (number of words) 15. Management Board shall be elected for a period of five years. 16. The Executive Board shall take 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. 17. in addition to the statutory limitations on the Management Board may not contain any of the following persons: 17.1. ____ ____ ____ ____; 17.2. ________________; 17.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not imposed other restrictions. 18. 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. 19. in addition to the legal Board requires prior consent of the Council the following question: for decision 19.1. _____ _____ _____; 19.2._______________; 19.3._______________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 20. in addition to the legal Board members required the consent of the meeting the following question for decision: 20.1. ____ ____ ____ ____; 20.2. ________________; 20.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not other issues are fixed. 21. 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. termination of 22 Public. in addition to the legal firm shall cease in the following situations: 22.1. ____ ____ ____ ____; 22.2. ________________; 22.3. ________________; etc. Note the. This paragraph shall not be included in the statutes of the public, if not being out in the other cases.
Shares representative of the holder (name, surname, signature) 20 ___. year ___. ___ ____ ____ ___ (the) Economic Minister Dana Reizniec-oak