Article 28. The authorized fund of a limited partnership. Shares of participants in the property of a limited partnership of the Law on Business Partnerships
1. The authorized capital of a limited partnership is made up of contributions from general partners and depositors and must be at least fifty times the monthly calculation index legally established in the Republic of Kazakhstan at the time when participants make contributions to the authorized fund.
2. The total size of the depositors' shares in the authorized capital may not exceed 50 percent. At the same time, the constituent documents of a limited partnership may provide for the obligation of depositors to pay the deposits (part of the deposits) of the general partners.
3. The size, procedure and terms of formation of the charter fund of a limited partnership are determined by the constituent documents of the partnership.
4. The shares of participants in the property of a limited partnership shall be determined in accordance with the rules of Article 7 of this Law.
The Law of the Republic of Kazakhstan dated May 2, 1995 No. 2255.
President
Republic of Kazakhstan
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