← belizelaw.ai · International Foundations, Cap. 24:02 · PART IX — Continuance of Foundations

Conditions applicable to continuance in foreign jurisdiction

Cap. 24:02, s. 90 · Revised Edition 2020

Where a foundation is continued as an entity under the laws of a foreign jurisdiction– (a) the property of the foundation continues to be the property of such entity; (b) such entity continues to be liable for the obligations of the foundation; (c) any existing cause of action, claim or liability to prosecution in respect of the foundation is unaffected; (d) any civil, criminal or administrative action or proceeding pending by or against the foundation can be continued by or against such entity; and (e) any conviction against or ruling, order or judgment against, or in favour of, the foundation is enforceable by or against such
Have a question about this section? Ask belizelaw.ai →
Conditions applicable to continuance in foreign jurisdiction — Cap. 24:02 s. 90 · Belize Law