Revised Laws of Saint Lucia (2021)

Section I   The Rights of Corporations

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    317.   Every corporation has a corporate name, which is given to it at its creation or which has since been recognized and approved by competent authority.

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    Under such name the corporation is known and designated, sues and is sued, and does all its acts and exercises all the rights which belong to it.

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    318.   The rights which a corporation may exercise, besides those specially conferred by its title, or by the general laws applicable to its particular kind, are all those which are necessary to attain the object of its creation. Thus it may acquire, alienate, and possess property, sue and be sued, contract, incur obligations, and bind others in its favour.

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    319.   For these objects, every corporation has the right to select from its members, officers whose number and denominations are determined by the instrument of its creation or by its by-laws or regulations.

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    320.   These officers represent the corporation in all acts, contracts or suits, and bind it in all matters which do not exceed the limits of the powers conferred on them. These powers are either determined by law, by the by-laws of the corporation, or by the nature of the duties imposed.

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    321.   Every corporation has a right to make, for its internal government, for the order of its proceedings and for the management of its affairs, by-laws and regulations which its members are bound to obey, provided they are legally and regularly passed.