Despre limitele reglementării funcţiei şi răspunderii administratorului societăţii pe acţiuni
On the limits of the regulation of the function and liability of the director of a joint-stock company

Summary/Abstract: The legal identity of the administrator of a company with special reference to the one who manages the joint-stock company, as they are regulated by Law no. 31/1990 of companies (LS or the Companies Law), is uncertain, insufficiently defined and, in some respects, obsolete. As there is much to be said about the inadequacy of the current regulation, this study will be limited to addressing some topics related to (a) the source of the administrators' powers, de lege lata and de lege ferenda, (b) the legal identity of the administrators and (c) the limits of the liability of the administrators of the joint-stock company managed in a unitary system, who have delegated the management of the company to its directors.

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