Revised Laws of Saint Lucia (2021)

95.   Designation of offices, etc

Subject to this Act and to the articles or bye-laws of a company or any unanimous shareholder agreement—

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    (a)     the directors of the company may designate the offices of the company, appoint as officers persons of full capacity, specify their duties and delegate to them powers to manage the business and affairs of the company, except powers to do anything referred to in section 82(2);

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    (b)     a director may be appointed to any office of the company; and

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    (c)     two or more offices of the company may be held by the same person.

Borrowing Powers of Directors