E. Extracts from the Law on Joint Stock Corporations
(Company Partnerships) 30 January 1937 |
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PARTIAL TRANSLATION OF DOCUMENT NI-10037 PROSECUTION EXHIBIT
387 |
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EXTRACTS FROM THE LAW ON JOINT STOCK CORPORATIONS (COMPANY
PARTNERSHIPS) 30 JANUARY 1937, TAKEN FROM REICHSGESETZBLATT DATED 4 FEBRUARY
1937 |
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(Reich Law Gazette [Reichsgesetzblatt] 1937, Part I No. 15
Date of issue: 4 February 1937) |
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LAW ON JOINT STOCK CORPORATIONS AND JOINT STOCK CORPORATIONS EN
COMMANDITE [GESETZ UEBER AKTIENGESELLSCHAFTEN UND KOMMANDITGESELLSCHAFTEN AUF
AKTIEN] (STOCK CORPORATION LAW) |
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30 January 1937 |
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The Reich Government has adopted the following law which is
proclaimed herewith: |
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First Book |
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JOINT STOCK CORPORATION [AKTIENGESELLSCHAFT] |
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* * * * * * * * * * |
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Fourth Part |
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CONSTITUTION OF THE JOINT STOCK CORPORATION |
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First Section
Vorstand
Par. 70
Management of the Joint Stock Corporation |
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(1) The Vorstand has to manage the corporation on its own
responsibility in such a way as the welfare of the enterprise and its staff
[Gefolgschaft] and the commonweal [der gemeine Nutzen] of nation and Reich
require it.
(2) The Vorstand may consist of one or several persons.
Should a member of the Vorstand be appointed chairman of the Vorstand, it is
for him to decide on differences of opinion in the Vorstand, unless the
articles of incorporation stipulate otherwise. |