Offshore Banking with a Swiss Bank Account and Nevis LLC

PART VI
DIRECTORS AND MANAGEMENT
Management 44. (1) Subject to limitations of the articles of incorporation
by business of and of this Ordinance as to action which shall be authorized
corporation or approved by the shareholders, all corporate powers shall
be exercised by or under authority of, and the business and
affairs of every corporation shall be managed by, a board of
directors.
(2) The directors may cause the corporation to
transfer any of its assets in trust to one or more trustees, to
any company, association, partnership, foundation or
similar entity, and with respect to the transfer, the directors
may provide that the company, its creditors, its members or
any person having direct or indirect interest in the
corporation, or any of them, may be the beneficiaries,
creditors, members, certificate holders, partners or holders
of any other similar interest.
(3) The rights or interest of any existing or
subsequent creditor of the corporation in any assets of the
corporation are not affected by any transfer under subsection
(2), and those rights or interests may be pleaded
against any transferee in any such transfer.