Revised Laws of Saint Lucia (2021)

86.   Liability for other acts

Directors of a company who vote for, or consent to, a resolution authorising—

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    (a)     a purchase, redemption or other acquisition of shares contrary to section 39, 40 or 41;

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    (b)     a commission contrary to section 50;

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    (c)     a payment of a dividend contrary to section 51 or 52;

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    (d)     financial assistance contrary to section 53;

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    (e)     a payment of an indemnity contrary to any of the provisions of sections 226 to 235 or 241,

are jointly and severally liable to restore to the company any amounts so distributed or paid and not otherwise recovered by the company.