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Mostrando las entradas etiquetadas como COLOMBIAN COMMERCIAL CODE NAVIGATION OWNERS AQUATICS SHIPS

Colombian Commercial Code - Decree 410 of 1971 - Book Five - Navigation - Part One - From the Navigation Aquatics - Title I - Ships and Property - Chapter II - Owners and co-owners of Ships - From: Section 1458 By: Art 1472

CHAPTER II Owners and joint owners of the ships Section 1458 .- They can only own a commercial ship registered in Colombia nationals  Colombians. Section 1459 .- A ship may belong to several owners in common and undivided. Section 1460 .- All decisions concerning the management of the ship and those that are in the common interest of the joint owners shall be adopted by majority vote, unless the law provides otherwise. Other, such as the issuance of a shipment at the risk of all participants and the structural innovations of the ship, require unanimity. The majority will be constituted by a number of shares forming more than half of the rights even if they are headed by a single owner. Section 1461 .- Be of common interest decisions on the weapons, equipment, supplies, ordinary repairs, maintenance and insurance, chartering and ship use, and the selection and contracting of the captain and crew. Section 1462 .- The decisions of the co-owners will ...

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