Page 276 - Albanian law on entrepreuners and companies - text with with commentary

II. Model Statute of a Joint Stock Company
with a Single Board of Directors Appointing Managing Directors
(one-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 these regulations
- “the Law” means Law No. 9901, dt.14.04.2008 ‘On Entrepreneurs and Companies’;
- “the statute” means the 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):

Article 4: Seat, Website and Electronic Address
(1) The JSC has its registered seat in: …..
(2) The company’s website is the following: …..
(3) The company’s address for the purpose of electronic communications is the following (if
applicable): …..

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