Colombian Commercial Code - Decree 410 of 1971 - Book II - Of Corporations - Title VI - Company - Chapter III - Management and Administration - Section III - Legal Representative - From: Section 440 By: Art 444
COLOMBIAN COMMERCIAL CODE Section III Legal Representative Article 440 .- The corporation shall have at least one legal representative, with one or more alternates, appointed by the Board for specified periods, who may be reelected indefinitely or removed at any time. The statutes may defer this appointment to the assembly. Article 441 .- In the commercial register will record the appointment of legal representatives by copying the relevant part of the minutes of the board or assembly, if necessary, once approved and signed by the president and secretary or failing that, by the auditor. Article 442 .- The persons whose names are entered in the relevant commercial register as senior managers and alternates will represent the society for all legal purposes, while not cancel your registration by registering a new appointment. Article 443 .- Repealed. Act 222 of 1995, Section 242. Article 444 .- The provisions of this chapter shall apply, as ap...