Article 6. Levy of Execution on the Ownerʼs Property

On property in the Republic of Uzbekistan (152-XII-son) · Date: 31.10.1990 · In force

1. Recovery of debts under the obligations of a legal entity may be levied upon property belonging to it by the right of ownership, full economic management, or operational management. The owner shall not be liable for the obligations of legal entities established by him/her, and such legal entities shall not be liable for the obligations of the owner, unless otherwise provided by legislative acts of the Republic of Uzbekistan.

2. Natural persons shall be liable for their obligations with property belonging to them on the basis of property rights.

The list of property of natural persons that cannot be seized in satisfaction of creditorsʼ claims shall be determined by legislative acts of the Republic of Uzbekistan.

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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/6803795

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Cite as: Article 6. Levy of Execution on the Ownerʼs Property On property in the Republic of Uzbekistan (152-XII-son). neolex.uz/en/laws/law-111455/6 (lex.uz/docs/6803795)