Article 4-1. Features of the formation of bodies of a special financial company The Law on Project Financing and Securitization

Home / RLA / Article 4-1. Features of the formation of bodies of a special financial company The Law on Project Financing and Securitization

At the request of creditors, persons representing their interests and having powers in accordance with the legislation of the Republic of Kazakhstan and the charter of the special financial company are introduced into the bodies of the special financial company. A person who has an outstanding criminal record in accordance with the procedure established by law is not entitled to hold positions in the bodies of a special financial company.

The Law of the Republic of Kazakhstan dated February 20, 2006 No. 126.

This Law establishes the legal basis and conditions for project financing and securitization in the Republic of Kazakhstan, defines the specifics of the assignment of claims and the legal regime of property in project financing and securitization, the legal status of a special financial company, as well as the legal basis and conditions for syndicated financing.

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Republic of Kazakhstan

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