Q: If a corporation doesn't have a power of attorney from the bank that holds the trust, how does this impact the corp?
We have a fideicomiso translativo de Dominio, in Baja California Mexico. Power of attorney from bank expired in 2014 and I want to know how this impacts the corporation's status with the bank and with the shareholders? Does the board have the authority to manage the property? I'm concerned of the boards actions towards several shareholders (threats, discrimination, not following Nevada (NRS) statutes or Mexican Law).
A:
Since this appears to involve both Nevada and Mexican laws, you need to consult with attorneys that practice in those areas. This forum does not have a Mexican Law jurisdiction area to post, try Nevada. Maybe someone can refer you to an attorney that practices in Mexico.
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