Page 260 - Albanian law on entrepreuners and companies - text with with commentary

Appendix 3: Model Statutes

I. Model Statute of a Joint Stock Company
with a Supervisory Board and Managing Directors Elected by the General Meeting
(’Italian style’ Two-Tier Model)

The provisions of this Statute are applicable to a Joint Stock (JSC) unless that company has
registered a Statute with the National Registration Centre (NBC) with different terms. In
that case the terms` of the Statute registered with the NBC prevail.

In this Statute
- “the Law” means Law No 9901, dt.14.04.2008 ‘On Entrepreneurs and Companies’;
- “the Statute” means this Statute of the company;
- “shareholders” are those whose names are entered in the company’s share register as the
holders of the shares;
- “clear days” in relation to the period of a notice means that period excluding the day when
the notice is given or deemed to be given and the day for which it is given or on which it is
to take effect.

Title I
Foundation, Denomination, Objects, Duration, Seat and Website

Article 1: Date of Incorporation, Denomination and Founders
(1) On this day, (date of establishment of this Statute), we, the founders, establish a Joint
Stock Company denominated ………………….. ShA.
(2) Founders are (surnames, first names or company form and legal denomination; home
addresses or seat and number and place of registration):
- ….
- ….
- ….
- ….
- ….
.....

Article 2: Objects
The JSC pursues the following objects (only if determined): …………

Article 3: Duration
The JSC has the following duration (only if determined):

259