Considerations on the legal form of organization of the institutions issuing electronic currency Cover Image
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Consideraţii privind forma juridică de organizare a instituţiilor emitente de monedă electronică
Considerations on the legal form of organization of the institutions issuing electronic currency

Author(s): Brandusa Stefanescu
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: institution issuing electronic currency; payment institution; directors; silent partners; managers; supervisory committee; directorate; articles of incorporation; bylaws and/or articles of association

Summary/Abstract: This study is intended to prove the null and void nature of the organization of the institution issuing electronic currency in any of the legal forms set forth by Law no. 31/1990 on companies, such as it may be possible according to Law no. 127/2011 on electronic currency issuing and to the Regulation of the National Bank of Romania no. 8/2011 regarding the institutions issuing electronic currency, and supports its establishment only as a joint-stock company, whose particulars are otherwise, mainly regulated in the mentioned legislative documents and this legal form shall enable it to conduct a more efficient prudential monitoring.

  • Issue Year: 2012
  • Issue No: 04
  • Page Range: 11-21
  • Page Count: 11
  • Language: Romanian