Lag om aktiebolaget Fonden för industriellt samarbete Ab | 291 — Finland law | Esheria

Lag om aktiebolaget Fonden för industriellt samarbete Ab

The company must always keep at least 51% of its shares in direct state ownership and possession.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Finland
Instrument
Act or statute
Citation
291
Version
Undated source snapshot
Language
sv
Official source
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administrative supervision applicable law company name company purpose corporate governance development finance effective date foreign investment interest support loan guarantees pre-commencement measures regulatory implementation share ownership state funding transition

Statute overview

About this statute

The company must always keep at least 51% of its shares in direct state ownership and possession. Bolaget ska främja utvecklingen i vissa utvecklingsländer och finansiera viss företagsverksamhet där. Det får också bedriva den verksamheten i andra länder om statsrådet beslutar det. Statsrådet får ge bolaget statliga garantier, räntestöd och andra förbindelser enligt vissa villkor; staten ska också betala bolagets aktiekapital inom fem år från bildandet. The company is assigned to the Ministry for Foreign Affairs’ administrative branch. The company has a supervisory board and a management board.