Dec 18, 2017 23:17
6 yrs ago
26 viewers *
Spanish term
United States
M.S. Leg/Fin Translator - 12 yrs - MemoQ
Native in: English (Variants: UK, US, British) 
Works in: Spanish to English, Portuguese to English, French to English, and 2 more.
la legal existencia y subsistencia
Spanish to English
Bus/Financial
Law: Contract(s)
Text:
"El compareciente acredita la legal existencia y subsistencia de su representada, mediante los siguientes documents, que yo, el Notario, doy fe tener a la vista.
I. Constitución. Se hace constar la constitución de la sociedad (...)"
The document I'm translating is an agreement for amending corporate bylaws (for a Mexican corporation). The phrase above is the beginning of the recitals section. I get that both "existencia" and "subsistencia" likely refer to the company's legal existence, but I'm not sure how to distinguish those two.
"El compareciente acredita la legal existencia y subsistencia de su representada, mediante los siguientes documents, que yo, el Notario, doy fe tener a la vista.
I. Constitución. Se hace constar la constitución de la sociedad (...)"
The document I'm translating is an agreement for amending corporate bylaws (for a Mexican corporation). The phrase above is the beginning of the recitals section. I get that both "existencia" and "subsistencia" likely refer to the company's legal existence, but I'm not sure how to distinguish those two.
Proposed translations
(English)
| 3 +3 | the lawful formation and continued existence |
Robert Carter
|
Proposed translations
+3
42 mins
Robert Carter
Mexico
Mexico
Native in English
Specializes in field
Mexico
Translating full-time since 1998
Native in: English (Variant: British)
Works in: Spanish to English
Related KudoZ points
:
558
Selected
the lawful formation and continued existence
In relation to companies, there are also phrases such as "duly organized" and "validly existing" which you might be able to apply in some form or other. Although these terms are commonly used to denote that a company has been organized in accordance with the law and continues to do business (i.e., no resolution has been made to dissolve it), there seems to be a fair amount of discussion as to what they might actually mean in US corporate law, so I don't think they necessarily have to be used in this context.
In any case, as fair as I know, "legal existencia y subsistencia" isn't a common legal term of art in Mexico.
To furnish proof of continued existence then, the secretary of state must issue a certificate of good standing. This confirms the due and proper formation as well as the continued existence of the corporation as a legal entity as of the certificate’s date of issue.
http://www.businesslaw-magazine.com/2017/03/02/the-company-w...
As mentioned in the paragraph above, perhaps simply "good standing" is also an option here.
In any case, as fair as I know, "legal existencia y subsistencia" isn't a common legal term of art in Mexico.
To furnish proof of continued existence then, the secretary of state must issue a certificate of good standing. This confirms the due and proper formation as well as the continued existence of the corporation as a legal entity as of the certificate’s date of issue.
http://www.businesslaw-magazine.com/2017/03/02/the-company-w...
As mentioned in the paragraph above, perhaps simply "good standing" is also an option here.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
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