Article 26. Admission of inheritance and extortionate property to the State property The Law on State Property
1. In case of death of an individual, the property belonging to him may be transferred to the state in accordance with the will in accordance with the procedure established by the Civil Code of the Republic of Kazakhstan.
2. If there are no heirs either by will or by law, or none of the heirs has the right to inherit, or they all renounced the inheritance in accordance with the Civil Code of the Republic of Kazakhstan, the inheritance remaining after the death of an individual is recognized as extortionate property. The extortionate property is transferred to the district communal property at the place of opening of the inheritance in accordance with the procedure provided for by the Civil Code of the Republic of Kazakhstan.
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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