Become a shareholder
Banca Etruria is a Limited Responsibility Cooperative Company, whose objective is the collection of saving and the management of credit both towards Shareholders and not; it furthermore carries on any other financial activities, as well as related and auxiliary activities, including bonds issuings.
Since the cooperative form of the company, each Shareholder is entitled to one vote, regardless of the number of shares owned. Shareholders may not own more than 0.50% of the share capital.
Shareholder status is available to individual investors, legal entities, all sorts of corporations, syndicates, associations and other entities. Under Sect. 9 of the Bank's Articles of Association, who wants to become a Shareholder must submit a written application to the Board of Directors. The Board of Directors resolves, through a reasonably justified decision, on whether to accept or reject the application, taking into consideration the Company's interest and the inspiring principles of cooperatives.
Shareholder Status can be reached by entering the Register of Shareholders, upon full payment of all subscribed Shares, and of any relevant premium and any interest balance under Sect. 19 of the Articles of Association. Shareholders are fully entitled to exercise all their rights towards the Company under the Articles of Association only upon completion of the registration process.
A Shareholder will be debarred from his/her status if he/she does not pay in full all owed sums within sixty days of receiving the admission notice, or from the expiry of the deadline under Section 9 of the Articles of Association.