Article 54. Provision of a share of the Housing Relations Act to a member of a housing and construction cooperative
1. A housing and construction cooperative is obliged to transfer its share to a member of a housing and construction cooperative no later than the term stipulated in the contract of participation in the housing and construction cooperative.
2. The transfer of a share in an apartment building to a member of a housing and construction cooperative is carried out by the management body of the housing and construction cooperative on the basis of a transfer act after the commissioning of the constructed apartment building.
The Law of the Republic of Kazakhstan dated April 16, 1997 No. 94.
President
Republic of Kazakhstan
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