von Göler (Hrsg.) / / § 38

§ 38 Revocation of appointment

(1) The directors’ appointment may be revoked at any time without prejudice to claims for compensation resulting from existing agreements.

(2) The articles of association may restrict the permissibility of the revocation to cases in which there are important grounds therefor. Serious breach of duty or the incapacity for proper management shall be deemed to be such grounds.

Information for non-professionals

To Information for legal professionals

Relevance for legal relations

Bookmark bei: Linkarena Bookmark bei: Del.icio.us Bookmark bei: Facebook Bookmark bei: Google  

Information for legal professionals

At this moment, a legal commentary is not yet available for this clause. We hope to help you by providing a translation of the wording of the law. Please contact us, if you would like to recommend a highly qualified author.