Article 93. Reorganization and liquidation of the Joint Stock Company of the Civil Code of the Republic of Kazakhstan
1. A joint-stock company may be reorganized or liquidated by a resolution of the shareholders' meeting. Other grounds and procedure for the reorganization and liquidation of a joint-stock company are determined by this Code and other legislative acts.
2. A joint-stock company has the right to transform into a non-profit organization in the form of a higher scientific organization in accordance with the Law of the Republic of Kazakhstan "On Science and Technological Policy", into an economic partnership, an industrial cooperative or an autonomous educational organization in accordance with the Law of the Republic of Kazakhstan "On the status of Nazarbayev University, Nazarbayev Intellectual Schools and Nazarbayev Foundation", as well as to the autonomous cluster fund in accordance with the Law of the Republic of Kazakhstan "On the innovative cluster "Park of Innovative Technologies".
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