Article 61. The rights and obligations of participants in a business partnership of the Civil Code of the Republic of Kazakhstan
1. Participants in a business partnership have the right to:
1) participate in the management of the business partnership in accordance with the procedure established by the constituent documents;
2) receive information about the activities of the business partnership and get acquainted with its documentation in accordance with the procedure established by the constituent documents;
3) participate in the distribution of net income. The terms of the constituent documents providing for the elimination of one or more participants from participating in the distribution of net income are null and void.;
4) in the event of liquidation of a business partnership, receive a part of its property corresponding to their share in the property of the partnership remaining after settlements with creditors, or its value.
5) Excluded by the Law of the Republic of Kazakhstan dated 03/02/1998 No. 211.
Participants in a business partnership may have other rights provided for by legislative acts and constituent documents.
2. The participants of the business partnership are obliged to:
1) comply with the requirements of the constituent documents;
2) make contributions in the manner, amounts, methods and within the time limits stipulated by the constituent documents;
3) not to disclose information that has been declared a trade secret by the business partnership.
The participants of the business partnership may also bear other duties stipulated by the legislative acts of the Republic of Kazakhstan and the constituent documents.
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