New developments in the law of legal entities in Aruba
July 18, 2019
On May 28, 2019, the Parliament of Aruba adopted a National Ordinance to Amend the Civil Code of Aruba by Introducing a Book 2 on the Law of Legal Entities. The final provision states that this national ordinance will enter into force at a time to be determined by national decree. On the date of publication of this newsletter, this national decree has not yet been issued. In anticipation of its entry into force, we believe it is valuable to provide insight into this new legal text, which brings together regulations scattered across the Commercial Code, the National Ordinance on Cooperative Associations, the National Ordinance on Foundations, and the National Ordinance on the Limited Liability Company.