Article 129. Preservation of property rights by a state-owned legal entity in the event of a change in the type of state ownership or departmental subordination of the Law on State Property
When the property of a state-owned legal entity is transferred from republican to communal ownership or vice versa, or from the subordination of one authorized body of the relevant branch (local executive body) to the subordination of another, such a state-owned legal entity retains the rights to the property belonging to it.
The Law of the Republic of Kazakhstan dated March 1, 2011 No. 413-IV.
This Law defines the legal regime of state property, the legal basis for the management of State property, including property assigned to State-owned legal entities, and state-owned shares and stakes in the authorized capital of legal entities, the legal grounds for the acquisition and termination of rights to state property, and is aimed at ensuring the effective exercise by the State of the rights of the owner and holder of other rights. on state property.
President
Republic of Kazakhstan
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