Division A: Incorporation of Companies
(1) Subject to subsection (2), one or more persons may incorporate a company by signing and submitting in electronic, typed or printed form, articles of incorporation to the Registrar and the name of every incorporator shall be entered in the company's register of members. (Substituted by Act 13 of 2015)
(2) An individual shall not form or join in the formation of a company under this Act who —
(a) is less than 18 years of age;
(b) is of unsound mind and has been so found by a registered medical practitioner in Saint Lucia or elsewhere; or
(c) has the status of a bankrupt.
(3) If articles of incorporation submitted to the Registrar are accompanied with a statutory declaration by an attorney-at-law that to the best of his or her knowledge and belief no signatory to the articles is an individual described in subsection (2), the declaration is, for the purposes of this Act, conclusive of the facts therein declared.
(4) Where articles of incorporation submitted to the Registrar as required under subsection (3) are not accompanied by a statutory declaration, the Registrar may request additional evidence that a signatory to the articles of incorporation is not an individual described under subsection (2). (Inserted by Act 13 of 2015)