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Home / Codes / Article 207. Responsibility of the founder for the debts of a state-owned enterprise and institution of the Civil Code of the Republic of Kazakhstan

Article 207. Responsibility of the founder for the debts of a state-owned enterprise and institution 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 207. Responsibility of the founder for the debts of a state-owned enterprise and institution of the Civil Code of the Republic of Kazakhstan

     The footnote. Title of Article 207 as amended by the Law of the Republic of Kazakhstan dated 03/01/2011 No. 414-IV (effective from the date of its first official publication).

     1. A State-owned enterprise is liable for its obligations with the money at its disposal.

     If a state-owned enterprise does not have enough money, subsidiary responsibility for its obligations is borne by the Republic of Kazakhstan or an administrative-territorial unit with funds from the relevant budget.

     2. The institution's responsibility comes in accordance with the procedure provided for in paragraph 1 of Article 44 of this Code.

 

 

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