# Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE), Article 51

Extent: E+W+S+N.I.

Members of a UK Societas's management, supervisory and administrative organs shall be liable, in accordance with the provisions applicable to public limited-liability companies ..., for loss or damage sustained by the UK Societas following any breach on their part of the legal, statutory or other obligations inherent in their duties.

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Source: https://www.legislation.gov.uk/eur/2001/2157/article/51 (the official version)
Page: https://openlegislation.uk/eu-regulation-2001-2157/article-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.