Article 78. Organizational structure of single-member limited liability company under the
ownership of an organization
1. A single-member limited liability company under the ownership of an organization shall apply
one of the following organizational models:
a) The company's President, Director/General Director, and Controller;
b) The Board of members, Director/General Director, and Controller.
2. Unless otherwise prescribed by the company’s charter, the Chairperson of the Board of
members or the company's President shall be the company’s legal representative.
3. Unless otherwise prescribed by the company’s charter, the roles, rights and obligations of the
Board of members, the company's President, Director/General Director, and Controller shall
comply with this Law.
Article 79. The Board of members
1. Members