(1) The Bank shall be a body corporate having perpetual succession and a common seal and shall in its corporate name be capable of entering into contracts, of suing and being sued, acquiring, holding, mortgaging, leasing and otherwise disposing of all kinds of movable or immovable property.
(2) Service upon the Bank of any notice, order or other document shall be executed by delivering or sending the same by registered post addressed to the Managing Director or Secretary of the Bank at the head office of the Bank.
(3) The Bank may have a head office in the city of Castries or in any location within Saint Lucia as the Board sees fit.
(4) The Bank may establish such sub-offices within Saint Lucia as it may deem desirable.
(5) The seal of the Bank shall be kept in the custody of the Secretary of the Bank and may be affixed to any instrument in the presence of any 2 directors or of one director and the Secretary of the Bank pursuant to a resolution of the Bank.
(6) The seal of the Bank shall be authenticated by the signature of any 2 directors or of 1 director and the Secretary of the Bank and such seal shall be officially and judicially noticed.
(7) All contracts, and other documents other than those required by law to be under seal, and all decisions made by the Bank, may be signed by the Chairperson or Deputy Chairperson and the Secretary of the Bank.