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Nominee Board Members

  1. A manager or board member who acts as a Nominee Board Member shall inform the Legal Person that he is a nominee board member and provide all the data referred to in Article (10) hereof within (15) fifteen days of becoming a nominee board member. A nominee board member who acquired such capacity prior to the promulgation of this Decision shall inform the Legal Person of this fact within (30) thirty days of the promulgation date of this Decision.
     
  2. A Nominee Board Member shall inform the Legal Person of any change to the data referred to in Article (10) hereof within (15) fifteen days of making such change.
     
  3. A Nominee Board Member shall inform the Legal Person that he ceased to be a nominee Board Member within (15) fifteen days of such cessation.