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on behalf of the shareholders. On account of these characteristics, an S.p.A. can raise large amounts of capital by incentivizing many investors to buy its shares, making the S.p.A. suitable for large undertakings. Accordingly, the S.p.A. is the legal form in which large companies typically operate
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If one of these elements is missing, the case is not considered integrated, and therefore the regulations of the SpA are not applicable. Due to these characteristics (high capital and public sale of shares), the S.p.A. is the only joint-stock company allowed to exercise insurance activity (art. 14
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Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally the S.p.A. was governed by the
Commercial Code of 1865, and subsequently by that of 1883, under the name
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of 1942, which also adopted the name currently in use. Within the civil code, the articles specifically addressing S.p.A. are found in
Articles 2325-2510 of Book V, Title V.
338:" ('anonymous company'). The regulations contained within the civil code remained unaltered until the 2003 Company Law Reform. The regulations in effect are set out in the
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from S.c.p.a., S.c. a.r.l., or S.c. legal forms (respectively, co-operative company by shares, co-operative company with limited liability, and co-operative company).
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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The elements that characterize this type of company and are essential to be able to apply the legislation relating to this institution are:
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The minimum amount of share capital not less than €50,000 (art. 2327 of the Civil Code, as recently amended by
Legislative Decree 91/2014).
427:– the legal form of company in Germany, commonly used in the German translation of Italian companies in German-speaking autonomous regions
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Since 2016, banks are required to run as S.p.A. if their assets are more than a defined threshold. This saw the blue chips of the
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letter a
Legislative Decree 209/2005) and the exercise of banking activity (art. 14 letter a Legislative Decree 385/1993).
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Content in this edit is translated from the existing
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The normative corporation: the legislator imposes that the powers are rigidly distributed among different bodies.
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The presence of shares representing the shareholding of the shareholders in the company.
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Armour, John; Hansmann, Henry; Kraakman, Reinier; Pargendler, Mariana (2017-01-26),
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491:(in Italian). Italy: Società l'Unione Tipografico-Editrice. pp. 349–380.
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30:"S.p.A." redirects here. For collection of clinical syndromes, see
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Journal of the
Society of Comparative Legislation, vol. 4, no. 2
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683:(7th ed, edited by Mario Campobasso ed.). UTET Giuridica.
287:, meaning 'company with shares' (although often translated as '
516:. New York, NY: Cambridge University Press. pp. 196–201.
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a machine-translated version of the
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620:"The Joint Stock Company under Italian Law"
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131:Learn how and when to remove this message
542:Università degli Studi di Bari Aldo Moro
456:"A Review of Italian and UK Company Law"
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437:– limited liability company in Italy
376:, transferable shares, ownership by
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538:"LA RIFORMA DEL DIRITTO SOCIETARIO"
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647:"Joint Stock Company – Explained"
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312:limited liability company
162:the corresponding article
785:Types of business entity
577:"What Is Corporate Law?"
487:Borsari, Luigi (1868).
249:For more guidance, see
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565:Italian Law №3 of 2015
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385:all over the world.
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80:"Società per azioni"
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36:Spa (disambiguation)
328:limited partnership
289:joint-stock company
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382:board of directors
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310:(S.r.l.) ('
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442:References
370:legal form
355:BPER Banca
164:in Italian
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351:Banco BPM
244:talk page
196:Consider
121:July 2024
655:Archived
624:Archived
546:Archived
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461:. ACCA.
415:See also
347:FTSE MIB
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316:Italian
242:to the
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