We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

Company Act revisions

Maritime Risk International

Company Act revisions

Watson Farley & Williams has assisted the Liberian International Ship and Corporate Registry in developing revisions to the Liberian Business Corporation Act (BCA) and the Limited Liability Company (LLC) Act. The legislation was revised in an effort to continue to make those laws more liberal, customer friendly and reflective of the corporate laws and standards of the state of Delaware and other US states. The revisions include, among other matters, adoption of non-statutory law of Delaware and other US states with substantially similar legislative provisions to interpret the BCA and adoption of non-statutory law of Delaware to interpret the LLC Act; eliminating the requirement of two officer’s signature on filing documents; enabling acknowledgement of filing documents outside Liberia without notarization and apostille; codifying practices of electronic submission of filing documents, provision of shareholders’ and directors’ consent via electronic transmission, etc; and introducing a variety of provisions applicable to public companies.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more