administrator asociat/neasociat

English translation: shareholding/non-shareholding manager

09:38 Feb 18, 2015
Romanian to English translations [PRO]
Law/Patents - Law (general)
Romanian term or phrase: administrator asociat/neasociat
Societatea poate avea unul sau mai mulţi Administratori, asociaţi sau neasociati, persoane fizice sau juridice, romane sau străine, numiţi prin contractul de societate sau de către Adunarea Generala a Asociaţilor
Vertrad
Romania
Local time: 04:59
English translation:shareholding/non-shareholding manager
Explanation:
"Legal representatives of a limited liability company are the company's managers. For joint stock companies, representatives are the members of the board of directors. Company managers can be appointed among third parties for both limited liability companies and joint stock companies. The law does not foresee any difference between the liability of a shareholding manager and a non-shareholding manager." (http://www.mondaq.com/x/249700/tax authorities/Scope Of Liab...
Selected response from:

Monica S.
Grading comment
merci
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2shareholding/non-shareholding manager
Monica S.
3member (shareholding)/non-member Director (of a co.)
Adrian MM. (X)


  

Answers


53 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
member (shareholding)/non-member Director (of a co.)


Explanation:
Directors of a Company vs. general partner of a partnership and hwo may hold 'qualification' (token membership) shares.

In the UK, it's possible to be a 'subscriber' to the initial Memorandum of Association of a newly promoted company, namely an accountant or solicitor setting up the co., and without being a member,


    Reference: http://www.proz.com/?sp=asearch&term=administrator%20asociat...
Adrian MM. (X)
Local time: 03:59
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 190
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
shareholding/non-shareholding manager


Explanation:
"Legal representatives of a limited liability company are the company's managers. For joint stock companies, representatives are the members of the board of directors. Company managers can be appointed among third parties for both limited liability companies and joint stock companies. The law does not foresee any difference between the liability of a shareholding manager and a non-shareholding manager." (http://www.mondaq.com/x/249700/tax authorities/Scope Of Liab...

Monica S.
Specializes in field
Native speaker of: Romanian
PRO pts in category: 36
Grading comment
merci

Peer comments on this answer (and responses from the answerer)
agree  RODICA CIOBANU
1 hr
  -> multumesc!

agree  Iosif JUHASZ
4 days
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search