Choose the type of company you are changing board member in
Pursuant to the Commercial Code, a Stock Corporation (in Spanish: “Sociedades Anónimas”) must have the following organizational structure:
- A General Meeting (in Spanish: “Asamblea General de Accionistas”) and a Board of Directors (in Spanish: “Junta Directiva”) only.
Please see, respectively, “General Meeting” and “Board of Directors” below for a more in-depth description of each structure, including how to change the respective board members.
For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in Nicaragua on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in Nicaragua.