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Article 34. Types and forms of legal entities of the Civil Code of the Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 34. Types and forms of legal entities of the Civil Code of the Republic of Kazakhstan

     1. A legal entity may be an organization that pursues income extraction as the main goal of its activities (a commercial organization) or does not have income extraction as such a goal and does not distribute the net income received among the participants (a non-profit organization).

     2. A legal entity that is a commercial organization may be established only in the form of a state-owned enterprise, a business partnership, a joint-stock company, or a production cooperative.

     3. A legal entity that is a non-profit organization may be established in the form of an institution, a public association, a joint-stock company, a consumer cooperative, a foundation, a religious association, or in any other form provided for by legislative acts.

     A non-profit organization can engage in entrepreneurial activity only insofar as it meets its statutory goals.

     3-1. A legal entity that is a non-profit organization and is maintained only at the expense of the state budget may be created exclusively in the form of a state institution.

     4. Legal entities may form associations (Article 110 of this Code).

     5. A legal entity acts on the basis of this Code, the Law on Each of the Forms of Legal Entities, other legislative acts and constituent documents.

 

 

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