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Article 116. Turnover of objects of civil rights 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 116. Turnover of objects of civil rights of the Civil Code of the Republic of Kazakhstan

     1. Objects of civil rights may be freely alienated or transferred from one person to another by way of universal succession (inheritance, reorganization of a legal entity) or in any other way, provided they are not withdrawn from circulation or restricted in circulation.

     2. The types of property that cannot be alienated (withdrawn from circulation) must be explicitly specified in the laws.

     3. The types of property that may belong only to certain participants in the turnover, or the acquisition or alienation of which is permitted by special permission (limited turnover), are determined by law.

     3-1. The concept and types of digital assets, as well as the specifics of the turnover of digital assets are determined by the legislation of the Republic of Kazakhstan, acts of the Astana International Financial Center.

     4. Personal non-property benefits and rights are inalienable and non-transferable in any other way, except in cases established by legislative acts.

 

 

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