by reason of interest

18:19 Feb 23, 2017
This question was closed without grading. Reason: Other

English to Polish translations [PRO]
Law/Patents - Law (general) / by reason of interest
English term or phrase: by reason of interest
(r) No person shall be disqualified from holding any office by REASON OF INTERSET. In the absence of fraud, any director, officer, or member of this corporation individually, or any individual 'having any interest in any concern in which any such directors, officer’s, members, or individuals have any interest, may be a party to, or may be pecuniarily or otherwise interested in, any contract, transaction, or other act of this corporation, and
(1) such contract; transaction, or act shall not be In any way invalidated or otherwise-affected by that fact;
(2) no such director, officer, member, or individual shall be liable to account to this corporation for any profit or benefit realized through any such contract, transaction, or act; and
(3) any such director of this corporation may be counted in determining the existence of a quorum at any meeting of the directors or of any committee thereof which shall authorize any such contract, transaction, or act, and may vote to authorize the same;
the term "interest" including personal interest end interest as a director, officer, stockholder, shareholder, trustee, member or beneficiary of any concern; the term "concern" meaning any corporation, association, trust, partnership, firm, person, or ocher entity other than this corporation.
ked0319


Summary of answers provided
3z powodu udziału, ze względu na udział
An-Ja
2z powodu/racji posiadania udziałów
Jacek Kloskowski


Discussion entries: 1





  

Answers


25 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
z powodu/racji posiadania udziałów


Explanation:
propozycja

Jacek Kloskowski
United States
Local time: 00:27
Specializes in field
Native speaker of: Native in PolishPolish, Native in EnglishEnglish
PRO pts in category: 256
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23 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
z powodu udziału, ze względu na udział


Explanation:
Objaśnienie:
...
the term interest including personal interest end interest as a director, officer, stockholder, shareholder, trustee, member or beneficiary of any concern;
the term concern meaning any corporation, association, trust, partnership, firm, person, or ocher entity other than this corporation.

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Note added at   3 godz. (2017-02-23 21:43:52 GMT)
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Jak rozumiem, nie chodzi tutaj tylko o bycie udziałowcem/akcjonariuszem, ale też o zaangażowanie.

An-Ja
Poland
Local time: 06:27
Native speaker of: Native in PolishPolish
PRO pts in category: 20
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