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Home / Codes / Article 84. The main provisions on the partnership with additional responsibility of the Civil Code of the Republic of Kazakhstan

Article 84. The main provisions on the partnership with additional responsibility of the Civil Code of the Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 84. The main provisions on the partnership with additional responsibility of the Civil Code of the Republic of Kazakhstan

     1. A partnership with additional liability is recognized as a partnership whose participants are responsible for its obligations with their contributions to the authorized capital, and if these amounts are insufficient, with additional property belonging to them in the amount of a multiple of their contributions.

     2. The maximum amount of responsibility of the participants is stipulated in the charter.

     In case of bankruptcy of one of the participants, his liability for the obligations of the partnership is distributed among the other participants in proportion to their contributions, unless a different procedure for the distribution of responsibility is provided for in the constituent documents.

     3. The rules of this Code on Limited Liability Partnerships shall apply to partnerships with additional liability, unless otherwise provided for in this article.

 

 

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