BCCA definition
Examples of BCCA in a sentence
Pursuant to article 2:56 of the BCCA, directors are personally liable to the company and, in case of extra-contractual errors, to third parties for errors committed in the exercise of their mandate.
Notice: • The invitations to the general meeting of a publicly listed entity shall state the agenda and shall be published in the Belgian Official Gazette, a national newspaper and on the company’s website (BCCA 7:128, §1) at least thirty (30) days beforehand.
Pursuant to article 7:133 of the BCCA, shareholders can unanimously and in writing take all resolutions that fall within the powers of the general meeting, with the exception of amendments to the articles of association.
Unless otherwise provided for in the articles of association of a company, and except for decisions that need to be enacted by a Belgian notary public, shareholders may take action by written consent of all shareholders (BCCA 7:133).
One or more shareholders holding at least 3% of outstanding share capital may request the addition of items to the agenda and may submit resolution proposals (BCCA 7:130, §1).