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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:

  1. 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.

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BLP has provided all input about changing board members in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. 

BLP is a Central American law firm highly regarded for its client service and business oriented advice.  Winner of the “Customer Service Award” by Chambers and Partners in 2012, “Law firm of the Year - Costa Rica” Award by Chambers and Partners in 2013 and again in 2015, “Law firm of the Year - Costa Rica” Award by IFLR1000 in 2015 and again in 2016 and Best Central American Law Firm –Silver- 2016 by ILASA, the firm is a one-stop-shop for conducting business.

For more information about BLP and changing board members in Nicaragua, please contact our Partner directly.

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