Ley 1445 de 2011 | Ley 1445 de 2011 — Colombia law | Esheria

Ley 1445 de 2011

This is the preamble of Law 1445 of 2011, which says it modifies Law 181 of 1995 and includes other provisions on professional sport.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1445 de 2011
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
administrative suspension advertising anti-money-laundering verification budget approval capital provenance capitalization club conversion club governance club incorporation club ownership reporting club recognition compliance communication control conversion procedure corporate compliance corporate governance corporate supervision disciplinary compliance event safety financial sustainability fines administration infractions and sanctions inspection liquidación judicial +28 more

Statute overview

About this statute

This is the preamble of Law 1445 of 2011, which says it modifies Law 181 of 1995 and includes other provisions on professional sport. Los clubes con deportistas profesionales must organize themselves in specified corporate forms; after six months, no person may have more than one vote in such clubs, and no person may control more than one club in the same sport. Professional sports clubs must meet minimum shareholder/member and capital requirements, and keep those minimums in place during their operation. Quienes compren aportes o acciones en clubes con deportistas profesionales deben demostrar el origen de sus capitales, y los clubes deben remitir esa información y varios reportes a la UIAF. La conversión de los clubes con deportistas profesionales no puede causar su disolución o liquidación, y la asamblea debe aprobar el intercambio de aportes por acciones y la colocación de acciones.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.