02/08/02

Law on the modification of the Code of companies

The law of 2 August 2002 provides in the creation of a legal management committee. Based on that law, the statutes of a public limited company may authorize the board of directors to delegate its powers to a legal management committee. The delegation, however, cannot relate to:

  • the company's general policy;
  • the control of the legal management committee;
  • the powers granted specifically by law to the board of directors.
Law of 2 August 2002 on the modification of the Code of companies (French and Dutch only)