What are the Statutes of a Limited Company without a defined Administrative Body?

The statutes of a limited company without an administrative body are a set of legal regulations that are established at the time of establishing a company.

It may be that at the time of drawing up the Statutes the type of composition of the administrative body that will manage and represent the limited company is not yet defined.

When to use this contract?

It is convenient to prepare these Statutes when it is desired that the general meeting can designate the administrative body that it deems most convenient at all times, without the need to modify the bylaws, it is enough with the adoption of the corresponding agreement, its elevation to a public deed and its registration in the Commercial Registry.

When not to use this contract?

At LexDoka we have templates of different types of limited company statutes, depending on how the administrative bodies of each one are constituted. So:

• Statutes of a Limited Company with Sole Administrator for when it is a single person (natural or legal) that is in charge of the management, administration and representation of the company.
• Statutes of a Limited Company with several joint or co-Administrators for when there are several joint or joint administrators who are in charge of the management, administration and representation of the company.
• Statutes of a Limited Company with a Board of Directors when it is a collegiate body, of between 3 and 12 members, which is in charge of the management, administration and representation of the company.

Essential content

• The corporate name, which must be unique and bear the denomation Limited.
• The corporate purpose, which determines the activities that make up the company.
• The registered office, where the commercial activity is carried out.
• The social capital, the shares into which it is divided, its nominal value and its correlative numbering.
• The relationship between the partners, their rights and obligations, as well as the mode of transmission of the shares.
• The distribution of profits and liquidation in case of dissolution of the company.
• The way of organizing the administration of the company, the number and duration of the administrators and their remuneration system if they have one.
• The way of deliberating and adopting agreements by the collegiate bodies of the company.

Applicable law

• Royal Legislative Decree 1/2010, of July 2, approving the revised text of the Capital Companies Act.

Related concepts

• Statutes of a Limited Company
• Statutes of a Limited Company with Sole Administrator.
• Statutes of a Limited Company with several Joint or Co-Administrators.
• Statutes of a Limited Company with Board of Directors.

How much does it cost to make this contract with LexDoka?

LexDoka has an automated contractual model that allows you to create this contract, negotiate it and sign it, minimizing the time invested in the entire process. This automated model is free within all LexDoka subscription plans. If you want to try it, you can register for free to generate your first contract.