Ley 925 de 2004 | Ley 925 de 2004 — Colombia law | Esheria

Ley 925 de 2004

This provision is the law’s preamble: it states that the law establishes the State’s share ownership in Vecol S.A. and amends and repeals listed prior provisions.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 925 de 2004
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
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Statute overview

About this statute

This provision is the law’s preamble: it states that the law establishes the State’s share ownership in Vecol S.A. and amends and repeals listed prior provisions. Vecol S.A. must keep at least 51% state participation in its capital, use named shares in two classes, and restrict Class A shares to transfers between public entities. La sociedad debe ser dirigida por la Asamblea General de Accionistas y administrada por una junta directiva y un presidente; el presidente es elegido por la junta directiva por un periodo de 2 años y actúa como representante legal. La sociedad debe tener un revisor fiscal elegido por la Asamblea General de Accionistas. This article sets the funding sources for the National Foot-and-Mouth Disease Eradication Program and says the related resource allocation ends once the law’s objectives are met.

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