Colombian Commercial Code - Decree 410 of 1971 - Book II - Of Corporations - Title VI - Company - Chapter II - Shares in the Company - Section I - Issue of Shares - Article 377 Of The Art 383
COLOMBIAN COMMERCIAL CODE CHAPTER II The shares in the corporation Section I Issue of shares Article 377 .- The shares may be nominative or bearer shares, but shall be registered until it is paid in full. Article 378 .- The shares will indicate visible and, therefore, if for any legal or conventional cause an action belongs to several persons, they should appoint a joint representative and the only exercise the rights corresponding to a shareholder. Failing agreement, the judge of the registered office shall appoint the representative of such actions at the request of any interested party. The executor will represent ownership of property belonging to the shares illiquid succession.As several executors shall designate a single representative, unless one of them has been authorized by the judge to that effect.In the absence of an executor, the representation will choose the person who by majority vote successors recognized in the trial. Ar...
.jpg)
