This document outlines the powers and responsibilities of the Board of Directors of a corporation, including setting reserves, establishing incentive plans, issuing stock options, and managing stock transfers. It also details the process for stockholders to sell or transfer shares, requiring offers to be made first to the corporation and then to other stockholders before selling to external parties.
documents/vol00010-efta01360968-pdf.pdf
{"document_type":"legal","key_locations":["Virgin Islands"],"document_subtype":"corporate governance document","key_organizations":["Board of Directors","Corporation"],"reference_numbers":["Sections 91 and 97, Chapter 13, Virgin Islands Code"]}