Article 21. Legal review of business contracts

On contracting and legal basis of activity of business entities (670-I-son) · Date: 29.08.1998 · In force

Business contracts shall be checked for compliance with the law by the legal service of business entities or by involved lawyers in the process of preparation. The conclusion of contracts without their approval is not allowed.

In order to conclude business contracts, the parties are entitled to receive a written opinion of the legal service of business entities or lawyers involved.

In written opinion, as a rule, the following shall be indicated:

what legislative acts govern the relationship specified in the business contract;

whether the conditions of the business contract comply with the requirements of the legislation;

whether penalties imposed on the parties and the procedure for resolving disputes meet the requirements of the legislation.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4403244

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Cite as: Article 21. Legal review of business contracts On contracting and legal basis of activity of business entities (670-I-son). neolex.uz/en/laws/law-10872/21 (lex.uz/docs/4403244)