Article 17. Productive and Other Entrepreneurial Activities of Public Associations

On public associations in the Republic of Uzbekistan (223-XII-son) · Date: 15.02.1991 · In force

Public associations, in accordance with the procedure established by law, may engage in productive and other entrepreneurial activities, and may establish enterprises and self-financing organizations possessing the status of a legal entity, solely for the purpose of fulfilling the tasks set forth in their statutes.

Income derived from productive and other entrepreneurial activities of public associations shall not be redistributed among their members (participants), and shall be used only for the implementation of statutory tasks; public associations may use their funds for charitable purposes even if such purposes are not indicated in their statutes.

Enterprises and organizations established by public associations shall transfer funds to the budget in the manner and amount established by law.

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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/6803948

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Cite as: Article 17. Productive and Other Entrepreneurial Activities of Public Associations On public associations in the Republic of Uzbekistan (223-XII-son). neolex.uz/en/laws/law-111827/17 (lex.uz/docs/6803948)