Persons administration: Difference between revisions
→PM.19 Dissolve a company or association
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PM.18.2 Membership change: This is requested by the association and person in state-cycle n and will become effective in state-cycle n+1, if not rules PM.17.3 (2)+(3) are violated.
Note
Note: The eventual money transfers involved are of no interest to the state domain 2 Persons admin. And also the domain 7 Finances just executes safely and securely what is being ordered by the involved persons.
==== PM.19 Dissolve a company or association ====
PM.19.1 The first step of, or otherwise formulated, previous to a dissolution of a jurstic person, all its possessions except the state money account (cf. domain Finances) must be sold. Once this state of a company or association is given, its dissolution can be requested in state-cycle n by the qualified majority (> 66% (parameter)) of its owners. If all is fine, then by state-cycle n+1, the juristic person and its state money account is deleted.
Note: The remaining amount on the state money account is transferred per ownership% to the owners state money accounts by domain 7 Finances
==== PM.20 Change capital or #shares of a company ====
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PM.20.1 Increase: The qualified majority of a company (>= 66% (parameter)) can request that the number of shares and/or capital is increased. Actually, capital is not relevant, as this is only some nominal ('artificial') value. The new shares, initially, belong to the company. However, in state-cycle n, there can also be buy-share requests for the newly created shares. So, the newly created shares, will never belong to the company but already initially to those owners.
PM.20.2 Decrease: The qualified majority of a company (>= 66% (parameter)) can request that the number of shares and/or capital is decreased. This can only be done by the number of shares owned by the company itself. But the transfers to the company (as per PM.18) can be made in the same cycle as the decrease request.
Note: Again, the money transfers involved are of no interest to the state domain 2 Persons admin. <br />
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