Article 186. Special Considerations with Respect to Insolvency of Professional Participants in Securities Market

On insolvency (LRU-763-son) · Date: 12.04.2022 · In force

The person participating in the insolvency case of a professional participant in the securities market, in addition to the persons provided for in Article 38 of this Law, shall also be the authorized state body for regulation of the securities market.

Special considerations with respect to insolvency procedures for professional participants in the securities market that are not regulated by this Law, as well as measures of protection of the rights and interests of investors in the securities market, may be established by acts of legislation.

The procedure for preventing insolvency and conducting pre-judicial procedures for restoring the solvency of professional participants in the securities market shall be established by legislation.

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National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6352957

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Cite as: Article 186. Special Considerations with Respect to Insolvency of Professional Participants in Securities Market On insolvency (LRU-763-son). neolex.uz/en/laws/law-5957616/186 (lex.uz/docs/6352957)