Regulatory Alerts2007-02-28 | CD-SIBOIF-468-4-FEBR28-2007Added · Updated
Norm on Deadline for Updating the Share Capital of Stock Exchange Positions
This rule requires stock exchange positions with share capital below the statutory minimum to increase their subscribed and paid-in capital within seven calendar days following their next Ordinary General Shareholders' Meeting. It prohibits the distribution of profits by these entities until they have fulfilled this capital update obligation. The norm becomes effective upon notification.
More like this from SIBOIF
We email you every new SIBOIF publication the day it's published.
Topics
Share