Article 18. Association of individual entrepreneurs and (or) legal entities in the form of an association (union) of the Law on Non-Profit Organizations

Home / RLA / Article 18. Association of individual entrepreneurs and (or) legal entities in the form of an association (union) of the Law on Non-Profit Organizations

1. Individual entrepreneurs and (or) legal entities may establish associations (unions) in order to coordinate their business activities, as well as represent and protect common interests.

2. Non-profit organizations may voluntarily form associations (unions) of these organizations.

3. The members of the association (union) retain their independence and the rights of a legal entity.

4. The Association (union) is not liable for the obligations of its members, unless otherwise provided by the laws of the Republic of Kazakhstan and the constituent documents. The members of the association (union) bear subsidiary responsibility for its obligations in the amount and in the manner prescribed by the founding documents of the association (union), unless otherwise established by the laws of the Republic of Kazakhstan.

5. Members of the association (union) have the right, at their discretion, to withdraw from the association (union) at the end of the financial year, unless the constituent documents provide otherwise. In this case, the member of the association (union) bears subsidiary responsibility for its obligations that arose before his withdrawal from the association, in proportion to his contribution for two years from the date of withdrawal.

A member of an association (union) may be excluded from it by decision of the members of the association (union) in the cases and in the manner prescribed in the founding documents of the association (union), unless otherwise established by the laws of the Republic of Kazakhstan. With regard to the responsibility of the excluded member of the association (union), the rules relating to withdrawal from the association (union) apply.

6. With the consent of the members of the association (union), a new member of the association may join it. The entry of a new member into an association (union) may be conditioned by its subsidiary liability for the obligations of the association (union) that arose before its entry.

7. The name of the association (union) must contain an indication of the main subject of activity of the members of this association (union) with the inclusion of the words "association" or "union".

8. An association (union) may operate as a self-regulatory organization in accordance with the Law of the Republic of Kazakhstan "On Self-Regulation".

The Law of the Republic of Kazakhstan dated January 16, 2001 No. 142.

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Republic of Kazakhstan

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