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Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE) article 47 CELEX: 02001R2157-20130701 1. An SE's statutes may permit a company or other legal entity to be a member of one of its organs, provided that the law applicable to public limited-liability companies in the Member State in which the SE's registered office is situated does not provide otherwise.
That company or other legal entity shall designate a natural person to exercise its functions on the organ in question. 2. No person may be a member of any SE organ or a representative of a member within the meaning of paragraph 1 who: (a) is disqualified, under the law of the Member State in which the SE's registered office is situated, from serving on the corresponding organ of a public limited-liability company governed by the law of that Member State, or (b) is disqualified from serving on the corresponding organ of a public limited-liability company governed by the law of a Member State owing to a judicial or administrative decision delivered in a Member State. 3. An SE's statutes may, in accordance with the law applicable to public limited-liability companies in the Member State in which the SE's registered office is situated, lay down special conditions of eligibility for members representing the shareholders. |
Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE) article 47 CELEX: 02001R2157-20130701 4. This Regulation shall not affect national law permitting a minority of shareholders or other persons or authorities to appoint some of the members of a company organ. |