Revised Laws of Saint Lucia (2021)

Section III   The Disabilities of Corporations

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    324.   Corporations are subject to particular disabilities which either prevent or restrain them from exercising certain rights, powers, privileges and functions, which natural persons may enjoy and exercise. These disabilities arise either from their corporate character or are imposed by law.

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    325.   In consequence of the disabilities which arise from their corporate character, they can neither be tutors nor curators.

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    Subject to the provisions of any other statute, they cannot be executors of wills or undertake any administration which necessitates the taking of an oath, or imposes personal responsibility.

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    They cannot be summoned personally, nor appear in Court otherwise than by attorney.

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    They cannot sue nor be sued for assault, battery or other violence on the person.

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    They cannot serve as witnesses or as jurors before the Courts.

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    They can neither be guardians nor judicial sequestrators, nor can they be charged with any other functions or duties the exercise of which may entail imprisonment. (Amended by Act 34 of 1956)

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    326.   The disabilities arising from the law are:

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      1.     Those which are imposed on each corporation by its title, or by any law applicable to the class to which such corporation belongs.

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      2.     Those which result from the laws imposing particular conditions and formalities for the acquisition, alienation, or hypothecation of immovable property belonging to religious or other corporate bodies.

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    326A.   All corporations which, under the provisions of their charters or of the law, cannot acquire real estate except to a limited amount, have the right, whenever they dispose of or alienate any real estate belonging to them, to apply the price thereof to the acquisition of other real estate and also to receive the revenues thereof and to employ the same for the objects for which they were constituted. (Added by Act 34 of 1956)

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    327.   All corporations are prohibited from issuing promissory notes payable to bearer unless they have been specially authorised to do so by their title of creation.