Concept selected: Securities fund
- Definition
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Public limited company whose objective is the acquisition, tenancy, enjoyment, administration and disposal of securities and other financial assets with the objective of compensating risks and performances of other companies without having a majority holding. The number of partners is not less than what is needed for the admission of shares for official stock market listing. Their responsibility is limited. For the acquisition of legal personality a public deed, registration in the Mercantile Register and National Stock Market Commission register, authorisation from the Ministry of Economy and Competitivity, census declaration and obtaining a tax identification number is required. The corporate capital of the company may not be less than 1,202,024.00 €.
- Source
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Surveys Mercantile Companies and Bankruptcy Proceedings
- Topic
- Statistical operations (links to the Inventory of Statistical Operations)
- Concepts associated