Article 26. Liquidation of a non-profit organization of the Law On Non-Profit Organizations
1. A non-profit organization may be liquidated voluntarily (by a decision of the owner of its property or a body authorized by the owner, as well as by a decision of the body of a legal entity authorized to do so by the constituent documents) and forcibly (by a court decision) on the basis and in accordance with the procedure provided for by the Civil Code of the Republic of Kazakhstan, this Law and other legislative acts.
2. The founders (participants) of a non-profit organization or the body that made the decision to liquidate the non-profit organization must immediately notify the judicial body responsible for registering legal entities in writing.
The founders or the body that made the decision to liquidate a non-profit organization shall appoint a liquidation commission and establish, in accordance with the Civil Code of the Republic of Kazakhstan and this Law, the procedure and deadlines for the liquidation of a non-profit organization.
3. From the moment the liquidation commission is appointed, the authority to manage the property and affairs of a non-profit organization is transferred to it. The liquidation commission acts in court on behalf of the liquidated non-profit organization.
The Law of the Republic of Kazakhstan dated January 16, 2001 No. 142.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases
