Article 8. The procedure for concluding the founding agreement (registration of the decision of the sole founder) The Law on Joint-Stock Companies

Home / RLA / Article 8. The procedure for concluding the founding agreement (registration of the decision of the sole founder) The Law on Joint-Stock Companies

1. The foundation agreement is concluded in writing by signing the agreement by each founder or his representative.

The decision of the sole founder is made in writing and signed by the founder or his representative.

The founding agreement (the decision of the sole founder) is subject to notarization.

2. Representatives of the founders (the sole founder) must have the appropriate powers, issued in accordance with the legislation of the Republic of Kazakhstan and giving the right to establish the company, including the right to participate in the founders' meeting and sign the founding agreement.

The Law of the Republic of Kazakhstan dated May 13, 2003 No. 415.

This Law defines the legal status, procedure for the establishment, operation, reorganization and liquidation of a joint-stock company; the rights and obligations of shareholders, as well as measures to protect their rights and interests; the competence, procedure for the formation and functioning of the bodies of a joint-stock company; the powers, procedure for the election and responsibility of its officials.

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