Article 12. Authorized capital of a private enterprise

On private enterprise (558-II-son) · Date: 11.12.2003 · In force

The authorized capital of a private enterprise is indivisible and determined by the owner himself.

A contribution to the authorized capital of a private enterprise may be money, securities, other property or property rights or other alienable rights having a monetary value. The owner independently evaluates the property contributed by him/her to the authorized capital of a private enterprise.

If during the formation of the authorized capital of the private enterprise owner transfers the enterprise property, which is a common (shared or joint) property of the members of his/her family, is required to obtain a notarially certified consent of all owners of this property.

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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/4608601

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Cite as: Article 12. Authorized capital of a private enterprise On private enterprise (558-II-son). neolex.uz/en/laws/law-53152/12 (lex.uz/docs/4608601)