RUSSIAN FEDERATION federal law on amendments to the Federal law "on noncommercial organizations" adopted by the State Duma June 25, 1999 the year approved by the Federation Council July 2, 1999 year Article 1. Supplementing the Federal Act "on non-commercial organizations" (collection of laws of the Russian Federation, 1996, no. 3, art. 145; 1998, no. 48, art. 5849) article to read as follows: "article 7-1. The State Corporation 1. Public Corporation recognizes no membership non-profit organization established by the Russian Federation on the basis of property contribution to the implementation of social, administrative or other public useful functions. The State Corporation is created on the basis of the Federal law.
Property transferred to the State Corporation Russian Federation, is the property of the State Corporation.
The State Corporation is not responsible for the obligations of the Russian Federation, and the Russian Federation is not responsible for the obligations of the State Corporation, if the law providing for the creation of the State Corporation, provides otherwise.
2. The State Corporation uses its assets for the purposes set out in the law, providing for the establishment of the State Corporation. The State Corporation may conduct entrepreneurial activity only so far as it serves the purpose for which it was created, and relevant to these objectives.
The State Corporation is obliged to publish an annual report on the use of its assets in accordance with the law, providing for the establishment of the State Corporation.
3. the peculiarities of the legal position of the State Corporation established by law, which provides for the creation of the State Corporation. To create a public corporation does not require incorporation documents under article 52 of the Civil Code of the Russian Federation.
The law establishing the State Corporation must be the name of the State Corporation, its objectives, the place of its finding, the management of its activities (including public corporations and the procedure for their formation, the procedure for appointing the officials of State corporations and their release), the procedure for reorganization and liquidation of State corporations and how to use the property to the State Corporation in the event of its liquidation.
4. the provisions of this Federal Act shall apply to public corporations, unless otherwise provided for in this article or by law, providing for the establishment of the State Corporation ".
Article 2. The President of the Russian Federation and to entrust the Government of the Russian Federation to bring its normative acts in compliance with this federal law.
Article 3. This federal law shall enter into force on the day of its official publication.
The President of the Russian Federation, b. Yeltsin, Kremlin, Moscow, N July 8, 1999 140-FZ