← 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 →