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About Credit Cooperation

Original Language Title: О кредитной кооперации

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RUSSIAN FEDERATION

FEDERAL LAW

About credit cooperation

Adopted by the State Duma 3 July 2009

Approved by the Federation Council 7 July 2009

(reed. Federal Act of 21 November 2011 N 327-FZ

The legislation of the Russian Federation, 2011, N 48, st.

6728; of the Federal Act of 30 November 2011 N 362-FZ-Assembly

Russian Federation Federation, 2011, N 49, st. 7040;

Federal Law From June 2013 N 113-PHC -Collection

Russian legislation Federation, 2013, N 23, st. 2871;

Federal Law of 23 July d N 251-FZ - Collection

Russian Federation, 2013, N 30, st. 4084;

Federal Law from 2 November 2013 N 301-FZ -Collection

Russian Federation legislation, 2013, N 44, st. 5640;

Federal Act of 21 December 2013 N 363-FD - To

Russian legislation Federation, 2013, N 51, st. 6683;

Federal Act of 21 December 2013 N 375-FZ -Collection

Russian Federation Federation, 2013, N 51, st. 6695;

Federal Law of 28 June N 189-FZ -Collection

Russian legislation Federation, 2014, N 26, st. 3395;

Federal Law of June 2015 N 210-FZ - Collection

Russian Federation Federation, 2015, N 27, st. 4001;

Federal Law of 13 July 2015 N 231-FZ -Collection

Russian legislation, 2015, N 29, art. 4357)

Chapter 1: General provisions

Article 1: Purpose and basic concepts of this Federal

of the law

1. The real Federal law defines the legal,

economic and foundations of Activities

credit Consumer Cooperatives of various kinds and levels,

Associations (Associations) and Other Associations of Consumers

cooperatives.

2. This Federal Law does not apply to

on Agricultural credit consumer cooperatives and their

joins, legal and

activities defined by the Federal Law of December 8

1995 N 193-FZ "On agricultural cooperation".

3. The Federal

Key Concepts:

1) credit collaboration -

Cooperatives of various types and levels, of their unions

other joins;

2) credit consumer cooperative ( - credit

cooperative) - voluntary (or)

legal

professional and (or) other satisfaction principle

financial requirements for credit cooperative members (shareholders);

3) Credit Consumer citizens-credit

cooperative, members of which is exclusively physical

;

4) Credit Cooperative Cooperative Credit Cooperative

whose members are exclusively credit cooperatives;

5) member of the credit of the cooperative or

legal person, accepted in the cooperative's order,

provided by this Federal Law and the Charter of credit

;

6 member of the credit (pipe) member

envisaged by by the Federal Law and the Credit Code

cooperative money cooperative Member of credit

cooperative (piper) in the cooperative to implement

activities and coverage of the credit expenses of a cooperative,

for other in order, that is defined by the credit rule

;

7) Membership - money Member

credit cooperative (payer) on credit expenses

cooperative and on other goals in order is defined by the statute

credit cooperative;

8) Opening contribution-cash contributed in the case of

if is provided for by the credit of the cooperative,

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with the credit cooperative, in size and order that

defined by its charter;

9) an additional contribution-membership fee, in

Cooperative Credit

compliance with article 116, paragraph 4, of the Civil Code of the Russian Federation

;

10) paev - money Member

credit of the cooperative in the property of the credit

cooperative for credit cooperative activities

envisaged by by the Federal Law and the Credit Code

cooperative, and for the member's member

credit cooperative (payer);

11) required paev contribution, provided

credit member's creditmember

cooperative (payer) credit in the cooperative in

order;

12) voluntary contribution contribution, voluntarily

contributed member of of the cooperative's (the credit

cooperative in addition to of contribution in if

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;

13) Accruals - money

revenues from the credit cooperative's totals

activities for fiscal year, distributed proportionally

sum of the financial contributions of each member of the credit cooperative (shareholder)

and Members Members of the credit (the shareholders)

attached to the credit member of the Cooperative

(rationing) in order, defined by the credit cooperative's charter and

internal regulatory documents of a credit cooperative;

14 Member's member's of the Cooperative

(payer) -the sum of the member's member's credit member

(payer) and

charges on contributions, attached

made paev contributions in the order defined by the credit rule

and internal standard credit documents

;

15) paev fund formed from the Palacoplations (s)

members of a credit cooperative (payers), used by

cooperative for activity

true Federal Law and Credit Coop;

16) fallback - fund, from of revenue

credit cooperative, including from credit contributions

cooperative (shareholders), used for damages

unexpected credit cooperative;

17) financial aid fund-fund, formed from part

credit cooperative, in from raised

members of the credit of the cooperative (s), other money

funds used to provide loans to credit members

cooperative (s);

18) financial mutual assistance of the credit members of the cooperative

(shareholders) - credit by the cooperative

concatenation of the and money fundraising

members of credit (shareholders), and other monetary

and locations of money by

providing loans to members of the credit cooperative (s)

to meet their financial needs in

Articles of the credit of the Internal Stats

credit cooperative documents;

19) Internal Credit Cooperative Regulatory Documents-

provisions and other documents, containing rules, regulatory

Credit Cooperative Credit Received

members of the credit (shareholders) or others

credit

order,

Federal Law;

20) Affiliated individuals-physical and/or legal entities,

legal and matches

Antimonopoly legislation of the Russian Federation;

21) attracted money money,

credit cooperative from members of the credit cooperative (shareholders)

in Loans Other of Treaties,

true Federal and money

received by a credit cooperative from non-legal entities

members of credit cooperative (shareholders), based on

loan and/or loan agreement;

22) report

months of calendar year, calendar year.

Article 2: Legal bases for the creation and operation of credit

Cooperatives

The Legal Framework Credit

Cooperatives are the Civil Russian Federation Code

true Federal law, Other laws, other

Russian legal acts and regulations

Central of the Russian Federation

regulatory relations with the participation of credit cooperatives

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

Article 3: Credit co-op activities

1. The credit cooperative is a non-commercial organization.

The Credit of the organization's organization

financial support for credit (shareholders)

by:

1) Join the (s) Money

members of the credit of the cooperative (s) and other monetary

The order, of the Federal Federal

other federal laws and credit cooperative charter;

2) locations of parts specified in 1 of money

by providing loans to credit cooperative members

to meet their financial needs.

2. The organization's organization's credit cooperative

mutual assistance members have the right to practice other views

with constraints,

real of the Federal law, if

activities serve the purposes for which credit is created

cooperative, for these and targets by charter

Credit cooperative.

3. The cooperative performs

basis of the following principles:

1) financial mutual assistance of members of the cooperative

;

2 restricting participation in the credit of the cooperative

non-members;

3) Voluntary Cooperative Entry and Freedom

output regardless of consent from other members of the credit

cooperative (shareholders);

4) Credit of the Coop, of the

participation of its members in the management of the credit cooperative;

5) equal rights of members of the credit cooperative (s)

making the credit of the cooperative's

size of contributed by member of the credit cooperative (s)

(one member of the credit cooperative (one-member));

6) Equality in Credit Cooperative (Rations)

to Other Other Services

credit cooperative;

7) Access equity for members of the credit cooperative

information about credit cooperative activity;

8) solidarity members

default liability on its obligations in

bounds of an unspecified additional contribution from each member

credit cooperative (s).

4. The authorities, local authorities

self-governments and The Bank of Russia cannot interfere in activities

credit cooperatives, for exceptions

federal laws Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, article 4084).

Article 4: Procedures for the implementation of credit

cooperative

1. Credit Cooperative attracts money

members based on:

1) loan contracts concluded with legal entities

2) Transmissions Personal savings, to

individuals in the order of this Federal

law.

2. Credit Cooperative provides

members with

credit cooperative loan base

and borrower member of the credit cooperative (the payer). Credit

cooperative to the right professional activity

providing consumer loans to members in order,

Federal Consumer Consumer Credit Law

(loan). Federal Act of 21 December 2013 N 363-FZ

-Russian Law Assembly, 2013, N 51, st.

6683).

3. Return of the credit member of the cooperative

can be provided by sponsorship, bail,

Other

federal laws

ways.

Article 4-1. Relationship between Credit Cooperatives and Bureaux

credit stories

Credit cooperatives are required in order and on conditions that

set by Federal Act of December 30, 2004 N 218-FZ " Oh

credit stories ", to represent even though would be one credit bureau

stories, included in public credit registry

stories, they have the information they need to form

Credit Stories of Credit Cooperatives (Rations)

awarded Loans (Art.4-1 introduced by Federal Law 28

June 2014 N 189-FZ -Assembly Russian

Federation, 2014, N 26, st. 3395).

Article 5: Regulation of Credit Cooperation

(name in red. Federal Law of 23 July 2013 N

251-FZ -Collection of Russian legislation, 2013, N

30, Art. 4084)

1. the Cooperative Credit

is implemented by the Bank of Russia. Federal Act of 23 July

2013. N 251-FZ-Assembly of Russian legislation,

2013, N 30, article 4084).

2. The of the Russian performs the (in Ed.

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084:

1 accepts the normative acts within its

cooperatives, unions

(Associations), Self-Managed Organizations Other Associations

Cooperatives (in the form of credit cooperatives) Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, art. 4084);

1-1) sets the order of the financial

this Federal (para. 1-1

Federal Act 30 November 2011 N 362 - Collection

Russian legislation, 2011, N 49, art. 7040);

2) ( 2 expired by Federal Act

June 29, 2015 N 210-FZ- Assembly of the Russian Law

Federation, 2015, N 27, art. 4001)

3 sets the order for the location of the contingency fund

credit cooperative, and Order of Credit

possible loss cooperatives (reed.

Federal Law from 2 November 2013 N 301-FZ -Collection

Laws of the Russian Federation, 2013, N 44, art. 5640);

4) leads the credit registry to

information obtained from an authorized federal authority

executive branch, performing state registration

legal faces, and from self-regulated organizations

cooperatives in the order, by the Russian (in Ed.

Federal Law of June 2015 N 210-FZ - Collection

Laws of the Russian Federation, 2015, N 27, art. 4001);

5) maintains a public registry of self-regulated organizations

credit cooperatives, implement

Non-Profit Organizations in Public Registry

self-regulated credit cooperatives and exception

information about non-commercial organizations from public of the registry

self-regulated credit organizations in order,

Installed by the Russian Federation

self-regulating organizations;

6 performs self-regulating

credit cooperatives and

self-regulated organizations of credit cooperatives and their members

Federal Federal Federal

laws, other legal acts of the Russian Federation and

Bank of Russia regulations in order, provided by

41 of this Federal Law (under the law). Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

7 performs credit

cooperatives that have more than three thousand members

and (or) Legal Activities of Credit

second-tier cooperatives in order, by the Bank of Russia

(in ed. The Federal Law of Nov. 30 2011 N 362-FZ-

Russian Law Assembly, 2011, N 49, st.

7040; of the Federal Act of 23 July 2013 N 251-FZ-Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of June 2015 N 210-FZ -Collection

Laws of the Russian Federation, 2015, N 27, art. 4001);

8) addresses

cooperative in cases Federal

law;

9 performs functions other than

Russian legislation.

3. The ratio of credit cooperatives,

exceeds three and (or) legal individuals, , and

The Bank of Russia's second-tier credit co-op is entitled

(Ind. Federal Law of 23 July 2013 N 251-FZ-Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of June 2015 N 210-FZ -Collection

Laws of the Russian Federation, 2015, N 27, art. 4001:

1) query and retrieve financial and economic information

public

Activity

statistics, of the federal executive authority

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s

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of other State control and oversight bodies;

2) request and to get from the credit's of the cooperative

constituent documents, internal regulatory documents, and other

documents, adopted by the general meeting of the members of the Cooperative Credit

(payers) and other credit cooperative bodies;

3) request and to get from the credit's of the cooperative

Accounting (Financial) Reporting Order, Installed

The Bank of Russia. The Federal Act of 23 July N

251-FZ -Collection of Russian legislation, 2013, N

30, st. 4084; Federal Act of 21 December 2013. N 375-FZ-

The legislation of the Russian Federation, 2013, N 51, st.

6695);

4) not more often in to perform scheduled checks

and compliance financial

Credit cooperative activities to this Federal Law,

other federal laws, Russian regulatory legal acts

and normative acts of the Bank of Russia (to the red. Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, art. 4084);

5) perform out-of-plan credit check-out

cooperatives in the statements of self-regulating organizations

credit cooperatives and other legal individuals

federal public authorities, public authorities

Subjects of the Russian Federation Authorities Local

self-governments, law enforcement violations of credit

cooperative of the current Federal Federal Law, Other

laws, Legal of the Russian Federation

The Bank of Russia's

normative acts. Federal Law

July 2013 N 251-FZ - Collection of the Law of the Russian

Federation, 2013, N 30, art. 4084);

6 Cooperative Credit

give this credit to a cooperative

orders for elimination of detected violations;

7 Federal

law, other federal laws, legal acts

Russian Federation and Bank of Russia Regulations,

case of obstruction of activity

Credit of the cooperative Orders to deny credit

cooperative to raise money, with new

members and loans until the violations are resolved or before

circumstances that served as the basis for directing the

appropriate restriction (in the red. Federal Act of 23 July 2013

g. N251-FZ-Assembly of Russian legislation, 2013,

N 30, art. 4084);

8) send to the general meeting

credit cooperative (s);

9) address in with

cooperative in cases:

(a) Credit failure by by the cooperative

Elimination of detected violations in the Bank of Russia's prescribed term

(Ind. Federal Law of 23 July 2013 N 251-FZ-Assembly

Russian legislation, 2013, N 30, art. 4084);

b) implementation of by the Co-operative

prohibited by this Federal Law;

Repeated by a credit cooperative of the present

Federal Law, Other Federal Laws,

Legal Russian Acts of the Bank

Russia Federal Law of 23 July 2013 N 251-FZ

The legislation of the Russian Federation, 2013, N 30, st.

4084);

10) implement other rights, Federal

laws (under the law) Federal Law of 23 July 2013 N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084).

4. The credit of the cooperative must provide

providing in Russia's documents,

ability to get from the Bank of the electronic documents in

order, by the Bank of Russia (part 4 of Federal

of 13 July 2015 N 231-FZ-Legislative Assembly

Russian Federation, 2015, N 29, st. 4357, takes effect from 9

February 2016).

Article 6: Ensure Financial Stability of Credit

cooperative

1. Credit Coop Not Right:

1) grant loans to non-credit members

cooperative (shareholders);

2 Members Members

third faces, other other

obligations of specified persons;

3) to participate in their property in the development of

legal faces, faces, possibility

credit cooperatives

true Federal Law;

4) Issue an emission paper;

5 perform operations with (except

public and municipal pieces of paper, for

exceptions of this Federal Law

(Ind. The Federal Act of Nov. 30, 2011 N 362-FZ

The legislation of the Russian Federation, 2011, N 49, st.

7040);

6) raise money from people who are members

credit cooperative, for exceptions

true Federal Law;

7Implement trade and production activities

8) join other credit cooperatives.

2. Limitations imposed by paragraphs 1 and 8 of Part 1 of this

articles, do not apply to provisioning

Credit by the credit credit to the cooperative

tier, of which is and for the credit

The

cooperative in a second tier credit cooperative.

3. Credit cooperative transactions, related to alienation or

of the disposition of ownership of the credit

property cooperative, as well as transactions entailing a decrease

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}

percentage and more of the balance of the credit asset

cooperative, defined by of the accounting (financial)

Credit Cooperative Accounting for the last reporting period

may be The

cooperative's approval of transactions. Co-operative's credit deal

perfect with violation of this requirement, can be recognized

invalid on credit cooperative claim or claim of members

credit cooperative (shareholders) is not

one third of the number of members of of the cooperative

(in Federal Act of 21 December 2013 N

375-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

51, article 6695).

4. Credit Cooperatives must comply with the following financial

standards:

1) the size of the contingency fund must be

% (at least 2% for credit cooperative, time

create) money raised credit

cooperative from members of the credit (shareholders)

specs in (financial) end

previous reporting period (in progress) Federal Law

December 2013 N 375-FZ-Legislative Assembly of Russian

Federation, 2013, N 51, article 6695);

2) the maximum sum of money raised from one

member of credit cooperative (payer) or from multiple members

Credit of the cooperative (s), which are Afghanistan-based

faces, should not be 20 percent (not 30

% is for a credit cooperative, whose lifetime

is less than two years since it was created) total money

funds, attracted by the credit cooperative from credit members

cooperative (shareholders) at the time of the attraction

;

3) the maximum sum of a loan, given to one

credit of the cooperative (the shareholders), must not be more than 10

% (no more than 20% for credit co-op, term

creating) total loan amount, issued by

cooperative at the time of the decision to grant a loan;

4) the maximum amount of a loan,

members of the credit cooperative (shareholders),

Affiliated faces 20 percent (30

% is for a credit cooperative, whose lifetime

makes   amounts

debts on loans, issued by the credit cooperative at the time

taking a loan decision;

5) Minimal of the Credit Cooperative Fund

must be no less than 8 percent of the money

attracted credit by the members of credit

cooperative (shareholders) and specs in (financial)

reporting at the end of the previous reporting year. Federal

Act of December 21, 2013 N 375-FZ-Assembly

Russian Federation, 2013, N 51, Art. 6695);

6) Maximum amount of money attracted by Credit

cooperative from legal members

(shareholders), should not be more than 50% of the total of the sum

raised money members of on the credit of the cooperative

;

7) maximum money in

credit Co-operatives of the credit cooperative,

their member, in , including the sum of the padded and other

contributions and amount of the credit to the cooperative

levels of loans, should 10 percent of the sum

trust fund and of the credit

Credit

torque

second-level cooperative;

8) total amount of money of the credit

cooperative during the reporting period for the purposes,

loans to members of the credit cooperative (s), cannot

make more than 50 percent of the total amount of raised

credit by the members

The

reporting period.

5. (Part 5 is no more effective under the Federal Act

June 29, 2015 N 210-FZ- Assembly of the Russian Law

Federation, 2015, N 27, art. 4001)

6. Credit cooperatives have the right to attract funds of the Russian Federation

Federation, of the Federation Subjects, municipal

entities, credit organizations, and other legal entities in the case of

if of the legal documents

provides financing for credit cooperatives.

7. goals to reduce the risk, of the financial

stability of credit cooperative and protection of interests of its members

(payers) credit to the right to insure your

Property Interests in Insurance Organizations and (or) Societies

mutual insurance.

8. The credit is entitled to the risk to the risk of loss

(deaths), losses or property damage

cooperative, as well as risk of credit co-op liability for

violation of treaties, on bases

members of the credit cooperative (s).

9. of the member of the credit member's of the cooperative

(Rating) Credit Cooperative is required to provide information

risk of the credit risk to the cooperative for

breach of contract, on the money

the credit cooperative member (s).

Chapter 2: Create, Reorganize, and Eliminate Credit

cooperative

Article 7. Creation and State Registration of Credit

cooperative

1. Credit cooperatives can be created and implemented

its activity in the form of a credit cooperative, members

may be legal and individuals, credit

citizens ' cooperative of citizens, and in

second-tier cooperative.

2. A credit cooperative may be

15

individuals or 5 legal entities. Credit Cooperative,

The

members of which are individuals and legal entities, may

was created by at least 7 specified persons.

3. The credit cooperative is based on

territorial, professional and (or) different .

Principles of Creating a Credit Cooperative By Charter

Credit cooperative.

4. Founders of of the credit of the [ [ cooperative]] take the

create credit of the cooperative, -log

prepares the credit charter

organization of a general meeting of credit cooperative founders,

The

which is accepted by the credit cooperative's charter.

5. State Credit registration of the cooperative

is implemented in order, by the Federal

8 August 2001 N 129-FZ On State Registration

legal individuals and entrepreneurs " (hereinafter -

Federal Law on State Registration of Legal Persons and

individual entrepreneurs '). Credit cooperative is considered

legal

records in the Unified State Register of Legal Persons.

6. Name of consumer cooperative,

activity, Part 1

Federal Law, must contain the phrase " credit

customer cooperative. " Organizations that do not meet requirements

true of the Federal law, may not use it in

"credit consumer"

{ operatives

}

7. Credit cooperative, of which is legal

person, not to the right to use a phrase

"cooperative of citizens".

8. The credit to the right to the

Federal Act Order to Enact in its Statute

changes that involve changing the form of a credit cooperative.

A change in the form of a credit cooperative is not a reorganization.

Article 8: Credit Coop Charter

1. The charter of the credit cooperative should provide:

1) the name and location of the credit cooperative;

2) The object and purpose of the credit cooperative;

3) order and for the credit cooperative

(Rations), and the Order of Membership

;

4 pagevers of credit

cooperative (shareholders), on the composition and order of pats and other

contributions, about members of the cooperative's

(shareholders) on to{ \cs6\f1\cf6\lang1024

}and{ \cs6\f1\cf6\lang1024

}

contributions;

5 rights, responsibilities and credit

cooperative (shareholders);

6) structure, size, order of creation, duration

authority and competence of credit cooperative, order

making them decisions, including those for which

unanimous or qualified majority

and the procedure for appealing against decisions of the credit cooperative bodies;

7 reorder

additional contribution for credit cooperative members

(payers) incurred by credit cooperative loss;

8) Order of calculations with a credit cooperative member (shareholder)

when terminating its membership in a credit cooperative;

9) the formation and use of funds, formed in

credit cooperative;

10) Order of the Credit of the Cooperative and

payroll fees;

11) calling and dates for the general meeting of members

credit cooperative (payers), count order

votes;

12) The order in which the credit cooperative is reorganized and eliminated;

13 Cooperative's members

(shareholders), list of documents

confirming membership in a credit cooperative;

14) Other Federal

other federal regulations.

2. The Co-operative Charter

1

Other

provisions regulating creation and creditactivity

cooperative and

Federal Law, Legal Acts Russian

Federation and Regulatory Acts of the Bank of Russia (in Ed. Federal

Law of 23 July 2013 N 251-FZ-Legislative Assembly

Russian Federation, 2013, N 30, est. 4084).

3. Changes in and of the contribution, in in the credit rule

cooperative

General Meeting of Credit Cooperatives

(shareholders), registration in order,

specified Federal by law " About State Registration

legal entities and individual entrepreneurs. "

Article 9: Credit Coop Reorganization

1. Reorganization of the credit cooperative (Merge,

Attach, partitioning, allocation, conversion

Members

Credit of the (shareholders) cooperative in compliance with federal

The

laws and its statutes.

2. In cases of the federal laws

reorganizing credit in the cooperative form in

Multiple Credit

trusted

government bodies, Russia

order, installed by federal laws (under the law). Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, est. 4084).

3.

responsibilities pass to successors of credit

cooperative according to transfer act or division

The

balance of the credit of the cooperative. Final drive ratio or

Co-operative

approved by the meeting of the credit

(shareholders) and together with the constituent

Documents

legal or changes to the statute of the reorganized

Credit cooperative. Final drive or separation balance

The cooperative's

credit should contain provisions on succession

for all obligations of the credit of the cooperative, in

volume on the contested in relation to all

creditors and debtors, and

order of

with changes in composition and value of property to be reorganized

credit cooperative, as well as potential occurrence,

modifying and to terminate and

Credit of the cooperative after

gears act or dividing balance of the credit cooperative.

If the credit of the credit does not give

ability to determine its successor, again

legal faces shared with all

rearranged credit before

are creditors.

4. The credit of the cooperative is

order, installed by a general meeting of credit members

cooperative (shareholders) reorganizing it, or, if the solution

reorganizing the credit of the cooperative adopted by the court in order,

The

set by the court. reorganizing of credit

cooperative in form of the credit line member

cooperative (pier) becomes a member of one

credit cooperatives. reorganizing of credit

cooperative in form members of rearranged credit

cooperatives (pipers) become members again

credit of the cooperative (the shareholders). When reorganizing a credit

cooperative in the join form of members of the attached credit

cooperative (shareholders) become members of

credit cooperative, to that has joined

credit cooperative. With the reorganizing a credit cooperative in

form of allocation part of members of the credit cooperative being reorganized

(shareholders) become members of a credit cooperative formed

when allocating.

5. Credit to the right to convert to

production cooperative, economic society

partnership, non-commercial compliance partnership,

federal laws. When converting a credit

cooperative in production cooperative or non-profit

partnership members of the credit cooperative (shareholders)

becoming members of the production of the [ [ cooperative]]

non-profit partnership. credit

cooperative in economic members

members

cooperative (shareholders)

members of a business society or a partnership.

6. General meeting of credit of the Cooperative (shareholders)

transformation

reorganization to contain:

1) name, location legal

person to be created by reorganizing in the form of a conversion;

2) Order and conditions for credit cooperative conversion;

3) Order of Credit (s) Exchanges

(shareholders) shares, in in the charter

capital of the business society, of the camaraderie

or on members of the production cooperative's if

Credit of the

business society, partnerships in production

cooperative, or or property

the property of the credit cooperative that is entitled to receive

credit of the cooperative, mapped in

non-profit partnership,

non-commercial partnership;

4 list of members of the audit body of the

legal person, if according to federal laws

legal

audit body and its education subsumed

of the top control for creating legal

;

5)

The executive members

legal entity, if according to federal

laws of and the statute of such a legal person is provided for

executive body of this legal entity and its

education falls within the competence of the highest authority of such

legal person;

6) the person assigned (selected)

executive body of created legal entity;

7) List of members of the body of the new legal entity

(except general meeting of members of the economic society

or partnerships, members of a production cooperative or members

non-commercial partnership, if Federal

and the legal person's charter

the presence of this

higher authority for creating legal entity;

8) an indication of the approval of the transmission of the actby the application

gear ratio;

9 assertion's assertion

legal

documents;

10) other s

reorganizing a credit cooperative in the form of a conversion.

7. Credit cooperative within three working days after the date

making the decision about reorganizing is required in in writing

tell in the registration authority

legal entities, about the start of the reorganization procedure with the form specification

reorganization. In participation in reorganizing two

credit cooperatives is notified by of credit

cooperative, last to decide about to reorganize or

defined in credit cooperative decisions about reorganization. On

reason for this notification to state

registration of legal entities, enters the Unified State Register

legal individuals write about the credit cooperative (credit)

cooperatives) are in the process of being reorganized.

8. Credit Coop Reorganized After Single

state registry of legal entities procedures

reorganizing twice every month in

media in which data is published about

public registration of legal persons, notification of its

reorganization. In the reorg

credit cooperatives reorg

Cooperatives publishes all in

reorganizing cooperatives credit cooperatives

last reorganizing or defined in

decisions on the reorganization of reorganized credit cooperatives.

published reorg

every participating in the reorg created (continued

activity) in reorg of the credit cooperative,

form reorg, and creditors

credit cooperative requirements, other details

federal laws.

9. The Credit Credit Cooperative Credit if Requirements

occurred before Publishing a credit reorganization notification

cooperative, eligible to require fulfillment

corresponding obligation of by the debtor,

early - and Reimburations

related with these damages, except in the

federal laws.

10. In if request

termination of and damages

satisfaction after reorganizing credit

cooperative, again created in reorg

(continuing activity) Credit cooperatives shared

responsibility of on rearranged Credit

A

cooperative.

11. The credit cooperative is thought to be reorganized from

state enumeration of again the legal faces,

exception reorganizing the form of to join. On

reorganizing credit of the cooperative in the form of joining it

other credit of the first

Reorganized from to One Public Registry

legal entities of the activity of attached

Credit cooperative.

Article 10: Liquidation of a credit cooperative

1. Credit cooperative may be liquidated:

1) on the general meeting of the credit member of the cooperative

;

2) by a court order on the grounds of the Civil

The

Code of the Russian Federation Federal by Law and

other federal laws.

2. Elimination of credit of the cooperative and satisfaction

requirements of its creditors are implemented in order,

federal laws.

3. In the case, if within six months the members

credit of the cooperative (shareholders) less than the minimum quantity,

article 7, paragraph 2 of the Federal

credit of a cooperative must take the

eliminate in Federal by law

order. In of the requirement of the credit requirement

The

cooperative is to be eliminated by a court order.

4. of the Elimination of Credit Coop

assigned liquidation commission all

Credit

authority

cooperative, mandatory valuation

property of the dissolved credit of the cooperative in accordance with

Federation Federation Evaluation

activity. Quotations on members requirement

dissolved credit of the cooperative (s)

give to get an evaluation report of this

Credit cooperative.

5. After to decide on the liquidation of a credit cooperative

this credit does not has the right to make new

members, , raise money from the credit cooperative members

and provide loans. Members of the credit of the Cooperative

(shareholders) are required to fulfill their before credit

cooperative in , common members

credit cooperative (shareholders), and in case of credit liquidation

The

cooperative, by a court order, within the time limit set by the court.

6. of the member's non-performance member of the cooperative

(payer) credit by the cooperative

installed in compliance with of this article credit term

cooperative (liquidation commission) to the right in the court

to require the fulfillment of the specified commitments.

7. Creditors

property of the credit of the cooperative is to be distributed among its

The

members (payers)) are proportional to the sum of their (s).

8. Intermediate liquidation and final

Liquidative Credit balance of the credit of the cooperative

approved by the general meeting of the cooperative

(the shareholders) or the body that decided to eliminate )

A

cooperative.

9. Elimination of credit cooperative is considered complete, a

credit of a cooperative - discontinued after the

recorded this in the Unified State Register of Legal Persons.

10. Relationships, related with insolvency (bankruptcy)

credit cooperatives, are regulated by Russian law

The

bankruptcy federation.

Chapter 3: Credit Coop Membership

Article 11. Procedure for Admission to Credit Cooperatives

(shareholders)

1. Co-operative (shareholders) can

physical persons who have reached the age of 16 years, and (or) legal

faces.

2. Application for credit cooperative members (shareholders)

is filed in writing under the credit of the cooperative.

specified declaration must honor

commitment

Credit Cooperatives Charter.

3.

}

corresponding credit list

(pipe). This record in the member's credit registry

(shareholders) paid after payment of the required premium contribution,

also after paying the welcome contribution in if if

An

introductory contribution is provided for by the credit cooperative's charter.

4. A member of the credit cooperative (the payer) is issued

supporting membership of in the credit cooperative. This

document must contain the following information:

1) the and location of the credit cooperative,

state registration

credit cooperative registration;

2) surname, first name, patronymic (if not derived from law or

national custom of the credit cooperative member (s)-for

physical person or name, location

state registration

registration, identification of the taxpayer

credit cooperative for legal entity

3) postal address, credit cooperative member number

(payer), for credit cooperative, amount

mandatory contribution and its date of payment, registration

number in the credit cooperative member registry

date of the document of membership in credit

;

4) Other Information, Federal

The

charter of the credit cooperative.

Article 12: Maintenance of credit cooperative members ' register

(Rations)

1. Credit Cooperative is required to maintain a register of credit members

Co-operative (Rating Cooperative) containing the following information:

1) registration number in credit registry members

cooperative (shareholders);

2) last name, the name, of the member of the cooperative

- for a natural person (unless otherwise derived from the law

or national custom), name, location of the member

credit cooperative (payer)-for legal person;

3) Passport or other identification data

member of the credit cooperative (s) of the document-for physical

person, registration

public registration of the individual of the entrepreneor,

taxpayer identification number-for the physical person

individual entreprene; registration

Public Registration Record Number, Date

records of creation in the Single State Register of Legal Persons,

taxpayer identification number-for legal entity;

4) postal address, credit number member's phone number

;

5) the date of the credit cooperative and termination date

membership in credit cooperative;

6) Other Co-operative Code

details.

2. End of membership in a credit co-op to the registry

members of a credit cooperative (shareholders)

record.

Article 13: Credit cooperative member's rights and obligations

(pier)

1. A member of the credit cooperative (the payer) has the right:

1) obtain loans on conditions,

order of to provide members of members of of the cooperative

(shareholders), approved by the meeting of credit

cooperative (shareholders), use other services

provided by the credit cooperative;

2) contribute voluntary to the credit Co-operative Foundation

contributions in order defined by by the credit rule

cooperative, transfer money to a credit cooperative in

The

provided by this Federal Law;

3) participate in in the credit by the cooperative,

number in general meeting of the credit

(Rations):

(a) raise the general meeting of the credit

(shareholders) order,

true Federal Law;

b) participate in the discussion on the agenda and make suggestions

on the day of the general meeting of the cooperative

;

in) vote on all issues, rendered to the general meeting

members of the credit cooperative (shareholders), with the right to vote;

g) to elect and be elected to the credit cooperative bodies;

4) receive from the credit cooperative bodies

issues of its activity, including the Protocols

general meeting of credit cooperative members (shareholders),

accounting (financial) reporting by credit cooperative,

estimates of the credit cooperative and

report about its execution (to the red. Federal Act of 21 December

2013. N 375-FZ-Assembly of Russian Legislation,

2013, N 51, article 6695);

5) get the sum of (paya) if

membership in credit cooperative in order, of the envisaged part

Article 14 of this Federal Law;

6) implement other member

Federal

Federal

regulatory acts, by the credit cooperative charter and internal

regulatory credit (in )

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

2. Credit cooperative member (s):

1) comply with the credit cooperative charter and implement decisions

credit cooperative entities;

2) contribute additional contributions within three months of

Assertion of the credit balance in the

Cooperative Credit

compliance with article 116, paragraph 4, of the Civil Code of the Russian Federation

;

3) Solidally with Other members of

(shareholders) bear subsidiarity liability on obligations

credit cooperative within unadded part of the extra

contribution;

4) return received from credit

cooperative Loans, ending

cooperative early return from

loans cooperative;

5) perform other credit cooperative members

Federal

Federal

regulatory acts, by the credit cooperative charter and internal

regulatory credit (in )

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

Article 14. Termination of membership in a credit cooperative

1. Credit cooperative membership terminates in case of:

1 out of the credit cooperative;

2) Credit Cooperative Member Exceptions

3 eliminating or in reorg

legal person-member of credit cooperative;

4) The of the person's credit

(pier) OneOne

State Register of Legal Persons by Decision of the Register

organ in order, provided for under Article 21-1 of the Federal Law

About the State Registration of Legal and Individual

entrepreneurs ';

5) the death of a member of the credit cooperative (physical)

person or declaration of death in federal law

order;

6) the credit of

reorganizing;

7) Credit cooperative liquidation

8) termination of the credit cooperative in with with the exception

its from the Single State Register of Legal Persons by Solution

registering body in order,

21-1

Federal Law on State Registration of Legal Persons

and individual entrepreneurs. "

2. The out of the credit cooperative serves the

written form on the board of the credit cooperative. Output Order

of Credit of the is defined by by the credit rule

cooperative and Internal Documents

A

cooperative. The credit of the credit is executed by

Credit Registry

the cooperative (shareholders).

3. of the member's non-performance member of the cooperative

(payer) duties,

Part

2

true Federal Law, of the credit of the Cooperative

has the right to exclude from its members of the credit cooperative (shareholders).

Decision to Exempting the Credit of the Cooperative (Rations)

may be challenged in court.

4. On termination of membership in a credit cooperative in cases

paragraphs 1-3 parts 1 of this piece

credit of a cooperative (pier) is paid

attached charges, returns money

funds raised from a member of the credit cooperative (shareholder) and

other commitments, conventions,

grounds of which credit has implemented attraction

cash flow member of a credit cooperative (payer). Specified

amounts are paid no later than three months from

statements of withdrawal from a credit cooperative, or from the day of adoption

decision about reorg or with

termination of legal member of the credit of the cooperative

(the payer) or from the day of the decision to exclude it from membership

The

credit of the cooperative (shareholders). { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \

period, from the date of the last accrual for the

membership termination in the credit cooperative, is paid

credit for the cooperative after general

meeting credit members of the cooperative (s)

(Financial) Reporting Fiscal in Order,

envisaged by the credit of the Internalcooperative

regulatory documents of the credit cooperative. These payments

produced at by a credit cooperative member

(payer) of their obligations to the credit cooperative, in

number on the loan. In

unexecuted (debts) member of credit

cooperative (payer) before the credit cooperative of the commitment

Credit-Spaced Credit (Pawing Contributions and

accruals for contributions) to such a credit cooperative member

(payer) and other credit of the cooperative

will end completely or partially offset

credit cooperative to a credit cooperative member (payer) (in

Federal Act of 21 December 2013 N 375-FZ-Assembly

Russian legislation, 2013, N 51, article 6695).

5. In case of death of a member of credit of the [ [ shareholders]]

physical or in

federal law of order to his successor, if is

member of of this credit cooperative (shareholder) and does not want or not

may become, is paid the amount of the deceased

member of credit cooperative (payer). The size of this pathization

(paas) is defined in order, of part of 4 of this

articles. In if is the member of the deceased

credit of the cooperative (the [ [ cooperative]] has passed several

heirs, heir, Who has the right to be admitted to membership

credit cooperative (shareholders), defined by agreement

all inheritors of or a court decision. If none of

heirs used members

credit cooperative (s), credit cooperative pays

inheritors due matches with inherited

shares of the deceased member's deceased

cooperative (shareholder). If there are no heirs,

member of the credit (the pipe) order of inheritance

( matches matches with

The code of the Russian Federation. If the credit cooperative

has obligations before deceased member of the credit of the cooperative

on loan contracts or other treaties, inheritance, and

order, by the Federal

inheritance and of the deceased member

Credit cooperative (payer).

Chapter 4: Credit Coop Management

Article 15. Credit cooperative bodies

1. The Co-operative's general assembly's is a general meeting

members of the credit (shareholders), credit

cooperative, Single

cooperative, Credit Audit Authority of the Cooperative

(Credit Cooperative Review Board, audit commission

or credit of the cooperative's credit (

audit body) as well as other authorities

true Federal Law, by the credit

internal regulatory documents of the credit cooperative.

2. Structure, Order of bodies

credit of the cooperative, authority is set to

Federal law, by the credit cooperative's charter and internal

regulatory documents of the credit cooperative.

3. The member's member's member decisions

credit of a cooperative can be appealed against

{ \cs6\f1\cf6\lang1024 } Credit Cooperative{ \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024 }

A

credit cooperative or judicial review.

4. cooperative's

audit credit of the Cooperative

(Supervisory Credit Board of Credit )

Commission or Co-operative

single executive body of credit cooperative cannot

to be elected or appointed a person, that has an uncollected or uncollected

Criminal record for crimes in the economy.

Article 16. Staks. Conflict of interest

1. Persons elected or appointed to credit institutions

cooperative, is recognized by faces in

credit cooperative deals with or

(hereinafter - stakeholders), if specified

consists of these organizations or citizens in labor relations

Founders, members, members, of thesecreditors

organizations, or include citizens in related

relations, are their spouses, parents, children, half-holes

and incomplete siblings, adoptive parents

are adopted or are creditors of these citizens.

2. Interest in by a credit by a cooperative

deals A conflict of interest and credit

A

cooperative.

3. Stakactors are required to respect the interest of the credit

cooperative and should use credit

cooperative or allow for purposes, not

The credit cooperative's charter. For of this

articles under the term "credit cooperative's ability" are understood

credit cooperative property, property

non-property rights, activity and plans The

credit cooperative that has value for it.

4. if the person has

interested in a deal, by the party to be

credit cooperative:

1) it has an obligation to report its interest to the board

credit cooperative;

2 The deal should be approved by the credit

The

cooperative before it was committed.

5. Deal, in which there is an interest,

which is committed in violation of the requirements of this article, can

to be judged invalid by a credit cooperative's claim

and (or) less than one third of the members of the total

members of the credit cooperative (s).

6. The person concerned carries before the credit cooperative

liability in damages

cooperative in with Requirements violation

true article. If the loss is caused by the credit to the cooperative

several stakeholders their accountable before

The

credit cooperative is solidary.

Article 17. General Meeting of Credit Cooperatives

(Rations)

1. The Co-operative's Co-operative

is the highest credit cooperative management body.

2. The Co-operative's Co-operative

have the right to consider any question, related activity

credit cooperative, and take a decision on this matter, if it

is on the credit cooperative board initiative, single

executive credit of the cooperative,

Credit Cooperative Audit Authority, of the Committee

loans of the credit or at the request of at least one

a third of the total number of members of the credit cooperative (shareholders).

3. of the general meeting

credit cooperative (s):

1) Assertion of the cooperative's credit

changes in and

cooperative's

approval of credit cooperative charter in new edition;

2) Approve a membership clause in the credit cooperative,

property

credit of the cooperative, including order

Credit Cooperative Funds, Order and

about attracting money members members of

cooperative (shareholders), reordering provisions

Credit Cooperative (Rations), on

Credit of the Cooperative, about the Income Distribution Order

credit of the cooperative, and Other internal

credit credit for the assertion

{ \cs6\f1\cf6\lang1024<}{ \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024

}

credit cooperative (s);

3) Assert and Costs on

Credit Cooperative and Performance Report;

4) Accept Associations

credit cooperatives, credit co-operatives and in

other cooperatives cooperatives, in

provided for by the Federal Accept

deciding to leave such unions;

5) Accept a Reorganization or Elimination of Credit

;

6) election, re-election, early termination of authority

Credit Coop, of the Organ Audit

(Supervisory Credit Board of Credit )

commission, auditor's credit

credit of the cooperative, also

Activity;

7 Assertion of the credit

audit body ( board of credit board

Cooperatives, Audit Commission, Credit Cooperatives

in cases provided by this Federal Law and in

cases provided for by the credit cooperative;

8 revocation of credit cooperative body decisions in

The

of the credit of the cooperative (the payer) in the case of such an appeal

the general meeting of the credit cooperative members (shareholders) in

the order of the credit cooperative's charter;

9) annual accounting (financial) reporting

credit cooperative (to the credit cooperative) Federal Act of 21 December

2013. N 375-FZ-Assembly of Russian Legislation,

2013, N 51, article 6695);

10) Accept credit

cooperative, payment on or

attach accrual-based contributions to properties of (s)

members of the credit cooperative (shareholders);

11) Accept in

emergency audit audit organization selection

(Auditor);

12) Other questions, by this Federal Law

other federal laws and by the credit

Exclusive of the public collection of credit

the cooperative (shareholders).

Article 18. How to Conduct the General Meeting of Members

credit cooperative (s)

1. The general meeting of the credit members of the Co-operative

can be regular or extraordinary.

2. Another general meeting of the credit member of the cooperative

(shareholders)

cooperative , later after six months after

The

end of the fiscal year.

3. External general meeting of credit cooperative members

(the shareholders) can be called by the initiative of the credit

cooperative, on demand of other credit cooperative bodies or

o one total of the members

credit cooperative (s).

4. In if the general general meeting

credit (shareholders) to call

audit body ( board of credit board

cooperative, audit of the board, credit

Cooperative, Single of the Credit Authority

cooperative, other credit cooperative or on demand

not less one of the total of the credit

cooperative (shareholders), Credit cooperative management during

five days from the request to call the extraordinary

Co-operative Members

common

take the extraordinary meeting of members

The

credit (shareholders) or to the in its convocation.

extra general meeting of the credit of the cooperative

(shareholders),

extraordinary of the general meeting can

poded by individuals who have calling for meetings, in the court

order within three months from the date of the specified decision

The

or expiration period for its adoption.

5. Notification of general meeting of the meeting of credit

cooperative (payers) with an agenda to be sent to members

credit of the cooperative (shareholders) not later than 30 days before the day

The

of this collection. In these timescalations

general meeting of credit cooperative members (s)

must be sent to each member of of the cooperative

(payer) credit

cooperative (shareholder) postal address or awarded under receipt

or, if is provided by in the specified Statute, published in

mass information

A

cooperative. The charter of the credit cooperative may be provided for

other way of notifying the specified notification in writing

common Meeting of the Cooperative

(pipe).

5-1. Credit Cooperatives, number members

exceeds three and (or) legal

credit Co-operatives of the second level no later than 30 days before

days general meeting of the credit

(shareholders) send meetings

registered mail with notification to the Bank of Russia (Part 5-1 )

Federal Law Nov. 30 2011 N 362-FZ-Assembly

Russian legislation, 2011, N 49, and sect. 7040; red.

Federal Law July 2013 N 251-FZ -Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of June 2015 N 210-FZ -Collection

Russian legislation, 2015, 4001).

6. The notification of the general assembly of members of the cooperative

(shareholders) must be specified:

1) full credit of the credit

locations;

2) The general meeting of the credit

cooperative (shareholders) (meeting, absentee voting or assembly

delegates);

3 Date, location, and of the general meeting

The

credit of the cooperative (the shareholders). of the general

Correspondence Credit

voting must specify date

votes and postal address,

routed ballot papers for voting;

4) Co-op's general meeting agenda

;

5) order for the information

give members of the cooperative (s)

Preparing the general meeting of the credit cooperative members (s)

and an address, for which you can read the information. K

information to be provided to credit cooperative members

the preparation of the appropriate general meeting of members

credit of the cooperative (shareholders), are the annual report

Credit Coop, Audit Opinion

credit cooperative based on report

annual accounting (financial) reporting, audit

conclusion, candidates in credit

Cooperatives and audit body, draft statute

credit cooperative changes and additions or draft statute

credit cooperative in new revision, draft provisions and other

internal credit cooperative regulatory documents, projects

decisions of the general meeting of credit cooperative members (s), a

also other Co-operative's charter

information. The Federal Act of 21 December N

375-FZ -Collection of Russian legislation, 2013, N

51, article 6695).

7. The credit of the cooperative (the payer) has the right to participate in

general meeting of credit cooperative members (shareholders)

or

The

through of your representative. general meeting of the credit member

cooperative (shareholder) is entitled to represent by proxy

five other members of the credit cooperative (shareholders).

8. The general meeting of the credit members of the Co-operative

considered legitimate, if it takes more than half

total number of members of credit of the cooperative (shareholders). On

no general general meeting of credit members

cooperative (shareholders) not later than 60 days must be

re general meeting of credit cooperative members

(Rations) with the same agenda. Re-general Meeting of Members

credit cooperative (s) is eligible, if it

less than one third of of members

credit cooperative (s).

9. In a credit cooperative with more than 200 members

definition of of the general meeting of credit cooperative members

(payers) and counting votes from members

credit (shareholders) creating a commission,

quantity and personal are approved by

credit

Meeting (s)

general meeting of credit cooperative members (s)

in the form of absentee voting, quantitative and personal convoys

The

accounting commission is approved by the credit cooperative's board.

case if the counting board is not created or members of an even commission

did not participate in general meeting of the credit

cooperative (shareholders), commissions

Credit Cooperative Management Board Members

meeting of the credit cooperative (s).

10. Accounting Commission checks the credentials and registers persons

participating in general meeting of the cooperative

(shareholders), determines the quorum of the meeting of the credit

(shareholders) provides the order

voting and rights of credit cooperative members or shareholders

votes in votes, count votes and

sums up votes,

{ vote s

} { Voting voting.

}

11. Count of votes count

The

commission is separate for each of the questions put to the vote.

When voting with ballot papers, votes

count

only one possible of the voting options. In if

Bulletin for votes contains several questions and

requirement violated for all questions

votes, ballots are invalidated

and

Non-compliance of the requirement of in relation to one or

several questions does not

vote not valid as a whole.

12. Based on the results of the voting, the Accounting Commission is protocol

about results of the vote, by the member of the counting board.

Protocol about voting results not later than three days with

{ \cs6\f1\cf6\lang1024}End{ \cs6\f1\cf6\lang1024}general meeting of credit cooperative members

or since the day of the completion of the votes for

general meeting of the cooperative

(Rations) in the form of absentee voting.

13. Decisions, adopted by the meeting of the credit

cooperative (shareholders), and the result of the vote read

meeting of the credit cooperative (s), during which

The

voted.

14. 1-6 part 3

Article 17 of this Federal Law is adopted by two thirds

members of the credit cooperative (s) present

The

credit

shared of the (the shareholders meeting).

Federal and the credit cooperative's charter may

other questions

by qualified majority. Solutions for Other Issues

Most Members of the Co-operative

(the shareholders), in the general meeting of the credit

the cooperative (shareholders).

15. The general meeting of the credit collection

(payers), can cause to invoke responsibility

members of other credit cooperative bodies can be challenged by them

in court order.

Article 19. General Meeting of Credit Cooperatives

(shareholders) in the Delegate Assembly

1. The Co-operative's Co-operative

may take the form of a collection of delegates. In the voting on

Meeting

Commissioners. Each delegate has one voice.

from the number of members of a credit cooperative

(shareholders) not part of the Credit Cooperative Management Board

audit credit of the Cooperative

(Supervisory of the Board, of the commission, of the audit).

Single The credit cooperative body cannot

implement of the delegate function. Authorized

pass to their function, rights, and execution

responsibilities to other persons, including to members

credit of the cooperative (the shareholders). The term for which you are elected

trusted, may not exceed five years. Face, Favorites

commissioner may be reelected for unlimited number of times.

2. election order for general

meeting members of the credit cooperative (s) in the form of a meeting

delegates, order of credit part members

cooperative (shareholders) election Commissioners,

chosen delegate's option

early

delegate

re-election

A

cooperative.

3. The number of members of the credit of the cooperative (s),

which are elected by Commissioners, are determined by the credit bylaws

A

cooperative.

4. The rights and duties of the commissioner are confirmed by the decision

meetings of part of credit cooperative members (shareholders) on election

mandated, in the of the meeting.

Decision of such a meeting on election of Commissioners should contain

details:

1) last name, name and of the delegate (if is different

inferred from law or national custom);

2) members of the credit (shareholders)

which represents the delegate

3) last name, , and of the physical (unless otherwise

inferred from law or national custom) - members of credit

cooperative (shareholders) or Name, State

registration number registration

identity of the tax payer for legal persons

members of the credit (which

authorized;

4) term.

5. Convening a collection of delegates according to

with Federal by order and terms that

provided for general meeting members

the cooperative (shareholders). Delegate meeting takes decisions in

order, for to make

members of the credit cooperative (shareholders) with

true article.

Article 20. General Meeting of Credit Cooperatives

(Rations) in the form of absentee voting

1. The Co-operative's Co-operative

may be conducted in the form of absent-distance voting.

2. The general meeting of the credit

cooperative (shareholders) in the form of absentee votes in

end

filled by members of the credit cooperative (shareholders) of the ballot papers.

vote must be sent to each member

credit cooperative (payer) with registered mail or

receipt of at least 20 days before the date on the ballot

close to receiving these newsletters. Decisions adopted by the general meeting

members of the credit (shareholders) in the form of

votes, are reported to the Co-operative members

(the shareholders) in the form of a report on voting results no later than

five days after votes

order, for of the general

meeting of the credit cooperative (s).

3. The general meeting of the credit cooperative (s)

agenda includes of the or

Elimination of Credit Cooperative, On the Election of Credit Institutions

cooperative, on making changes and additions to the credit

cooperative or on the adoption of the credit cooperative's charter in the new

revision, cannot be done in the form of absent-distance voting.

Article 21. Credit Coop Board

1. collections of members

cooperative (shareholders) management)

The

credit of the cooperative. Credit Management

cooperative is elected by by the meeting of the credit

cooperative (shareholders) from number of members of the cooperative

(shareholders) for the term, established by the credit cooperative's charter,

but not more than five years.

2. The Co-operative's Credit Management Board is headed by

Credit of the Cooperative (Chairman of the Credit Board

cooperative), common of the meeting of credit

cooperative (shareholders) from number of members of the cooperative

(shareholders) for a period of no more than five years. Persons selected in

composition of the credit cooperative, chairman of credit

cooperative (Chairman of the Credit Cooperative Management Board) May

will be reelected as many times as possible. By General Meeting Solution

members of the credit cooperative (s) of board member

Credit Co-op and Co-operative President

(President of the credit of the cooperative) can

terminated premats.

3. The Co-operative President and Board Members

credit cooperative cannot be members of other elected shared

meeting credit of the cooperative (s)

credit cooperative bodies.

4. Holding the meeting of the credit of the cooperative

entitlement, if it has more half

board members, of the credit cooperative's charter.

Credit cooperative management decisions are considered accepted, if

voted more than two thirds of the members present

The

board meeting of the credit cooperative.

5. The board of the credit cooperative is engaged in membership

credit cooperative (s) and exclusion from credit

cooperative (shareholders) with the credit rule

cooperative, maintains a register of members of the credit cooperative (shareholders)

performs preparation of the general meeting of credit

cooperative (s), forms the general meeting agenda

credit of the (shareholders) cooperative, directs

convening, takes credit decision

cooperative in cases provided for by Part 3 of Article 6 of the present

Federal Law, addresses other issues falling within the scope of the

credit of the cooperative by this Federal Law and

The

charter of the credit cooperative. Credit Coop Board Not

right to resolve issues that are assigned by this Federal Law and

{ \cs6\f1\cf6\lang1024 } Credit Cooperative's Statutes to Exclusive

meeting of the credit cooperative (s).

6. Members of the Co-operative Board of Credit of which

credit of the cooperative incurred the loss, must refund the credit

The

cooperative of these losses.

7. Members of the credit of the Cooperative Soliders

liability for damages, to the credit cooperative

culpable actions (omissions). In if

Credit of the Cooperative caused loss

credit cooperative, credit liability

cooperative of these losses is released by members of the board of credit

cooperative, voting against the or

missing of the decision, should

confirm in in the meeting protocol

the board of the credit cooperative.

Article 22: Single Executive Body of Credit

cooperative

1. Single- By the Credit Coop Authority

is chairman of credit of the cooperative (Chair

Credit Cooperative Management Board).

2. The Charter of the credit of the cooperative can be provided

executing Single Authority

Credit Cooperative Director (executive director)

Credit cooperative. In this case, the credit cooperative's charter

must include separation of permissions between

(President of the Board) Credit of the Co-Headed

(Executive Director) Credit of the Cooperative and Order

will perform their functions. Director (Executive Director)

credit of a cooperative may be a member of credit

A

cooperative (shareholder).

3. Sole The executive of the credit of the cooperative

provides general meeting of creditdecision

cooperative (shareholders) and of the credit of the cooperative,

implements management of

credit

A

cooperative. Single Loan Authority

cooperative without the power of attorney is in effect from

cooperative, including:

1) represents its interests and makes transactions;

2) issues a proxy to

credit cooperative;

3) issues orders and orders within the limits of its authority.

4. Order of appointment (election), release from

and Single Authority

The

credit cooperative is determined by the credit cooperative's charter,

internal normative of the credit of the cooperative,

also contract, between a credit cooperative and a person

The

single of the body's executive .

Contract between credit to the co-operative and

function of the credit cooperative's sole executive body,

signs on behalf of a credit cooperative by a person, specific

Credit Cooperative Charter, or Authorized By Solution

general meeting of the credit cooperative (s).

5. Single executive body of the credit cooperative, by

the fault of which the credit co-op suffered damages, is obligated to compensate

credit cooperative these losses in order, installed

Federal laws and charter of the credit cooperative.

Article 23. Audit authority

(Audit board, audit commission, or

Credit co-op auditor

1. Audit (Supervisory board,

audit commission or credit of the cooperative

monitors credit cooperative activity and its

bodies, as well as performs other functions provided by the statute

credit of the cooperative. In Credit cooperative

members more 200 of the authority control

implements audit board

Credit cooperative.

2. Audit- body is accountable to the general meeting

members of credit of the Cooperative (shareholders). President and Members

audit body is elected by the general meeting of members

credit (shareholders) of members

cooperative (shareholders) in the order, of a certain charter of credit

A

cooperative. Faces chosen in of the Audit

organ, can re-run an infinite number of times. By

decision of general meeting of members of credit of the cooperative (shareholders)

member of the body may

terminated premats. The member of the audit authority is not entitled

pass its authority to to other individuals. Member

Credit Cooperative, Single

credit of the cooperative, member of on loans

A

cooperative.

3. Audit body at any time authorized to conduct

financial-economic activity of credit

cooperative and have access to documentation, for activities

credit of the cooperative. Auditing-Audit

is required

to check annual (financial) accounts

credit cooperative before its general meeting

credit cooperative (shareholders) (under Ed.) Federal Act of 21

December 2013 N 375-FZ- Meeting of Russian legislation

Federation, 2013, N 51, article 6695).

4. Audit and audit authority in relation to the implementation of its

has credit

The

cooperative of any information about the activities of the credit cooperative.

5. Audit authority has the right to convene a general meeting

credit cooperative (shareholders) in case, if board

credit cooperative does not execute its duties,

other federal and defined by statute

credit cooperative.

6. Members of of the audit body are entitled to attend

at a board meeting without the right to vote.

7. The body of the audit in is required

order is granted in case of loan to individuals, selected

Assigned to the credit cooperative.

8. The audit of the body is called

of the body audit or in

absence, by the person, of his replacement, is greater than

The

charter of the credit cooperative.

9. Holding the meeting of the body's audit

entitlement, if it has more than half of it

members. Decisions are considered accepted, if voted

More than two thirds of the number of members of the audit body,

attendees at its meeting.

10.

bodies cannot combine

{ \cs6\f1\cf6\lang1024 } Credit Cooperative{ \cs6\f1\cf6\lang1024

labor contract.

Article 24. Committee on Credit Cooperatives

1. A loan committee may be set up in a credit cooperative.

Credit of the Cooperative ( on loans). Create

Loans Committee is required in credit cooperatives

The number of members of the credit cooperative (shareholders) more than 1,000.

2. The Loans Committee decides on loans

members of the credit (shareholders) and

order, given by on the order of loans

cooperative credit (shareholders), shared

meeting of credit cooperative members (shareholders).

3. The [ [ } general meeting

credit (shareholders) of members

cooperative (s) and (or) employees of credit of the cooperative,

not members of the credit cooperative (s). Faces,

selected in loans, can be reelected

unlimited number times. By General Meeting of Members

Credit Cooperative (shareholders)

The

loans may be terminated early.

4.

or

assigned to other credit cooperative bodies.

5. In the case that a credit cooperative does not create a committee for

loans, in the credit cooperative charter must be provided

positions, determining credit cooperative body, accepting

Loans on Credit

(pipe).

Chapter 5: Credit cooperative property

Article 25. Sources of Property Formation of Credit

cooperative

1. The property of the credit cooperative is formed by:

1)

and other contributions of the credit of the cooperative

(Rations) provided for by this Federal Law and Statute

credit cooperative;

2) Revenue from the Credit Cooperative;

3) raised funds

4) other sources not prohibited by law.

2. The property of the credit cooperative may not be forced to

other than in the order provided by this Federal Law,

Other federal laws and the charter of the credit cooperative.

3. The credit of the cooperative can create an indivisible foundation from

part of the property of the credit of the cooperative, for

}

} Decision on Education

indivisible foundation, undivided Foundation

use is accepted by the meeting of the credit

Co-operative (shareholders). The non-weekly of the credit of the cooperative

distribution between members of the credit of the cooperative

(Rating) only if the credit cooperative is eliminated.

4. Credit Cooperative Funds (equity fund, reserve fund,

mutual fund and other funds), how they are formed

and use is defined by internal rules

Credit cooperative.

Article 26. Property Liability

cooperative and credit cooperative members

(Rations)

1. Credit Coop is responsible for all

property, for property,

The

Federal of the law.

A credit cooperative does not meet the obligations of its members.

2. Recourse to the Debt Collection of a Member of Credit of the Cooperative

(payer) on the member's patching (s) is allowed only at

the lack of other assets to cover such debts in order

and time frames in law

Federation. On the credit of the Cooperative

an indivisible credit fund

A

cooperative.

3. Profit of the credit of the cooperative, incurred by during

fiscal year, can cover for contingency

fund. Profit of the credit of the [ [ cooperative]]

by the end

fiscal year, covered by the Reserve of the and

(or) additional contributions on the credit of the cooperative

(Rations) Federal Law of June 29, 2015. N 210-FZ

Russian Law Assembly of the Russian Federation, 2015,

4001).

4. A person who enters the previously created credit cooperative,

bears with the members of of the cooperative's (shareholders)

default liability for unbound

additional contribution for credit cooperative obligations,

which occurred before

cooperative, if defined by the credit cooperative charter, at

condition for confirmation in writing by the person,

familiarized with the credit cooperative income and expenses,

accounting (financial) credit of the credit

agrees to accept this responsibility. Federal Act of the Russian Federation

December 21, 2013 N 375-FZ-Legislative Assembly of Russian

Federation, 2013, N 51, article 6695).

Article 27. Credit cooperative income distribution

1. The Credit Cooperative Credit

fiscal year can be distributed between members

The

cooperative (shareholders)) through the accrual of contributions.

2. The sum, to be distributed, is determined by

Accounting (Financial) Reporting Fiscal

approved by the general meeting of the cooperative

(shareholders) in order, by the credit rule

cooperative and Internal Documents

A

cooperative. Pour contributions

proroproport of the sum of contributions of the member

cooperative (shareholder). By General Meeting of Credit Members

cooperative (shareholders) contributions can

paid to members of the credit cooperative (shareholders) or attached

to the credit cooperative (s) members of the credit cooperative (in

Federal Act of 21 December 2013 N 375-FZ-Assembly

Russian legislation, 2013, N 51, article 6695).

Article 28. Accounting, Credit Reporting

cooperative

1. The { \b } cooperative's operator is accounting

represents accounting (finance) and statistical reporting

according to the Russian Federation (in the

Federal Law of December 2013 N 375-FZ-Assembly

Russian legislation, 2013, N 51, article 6695).

2. Accounting and accounting (financial)

credit cooperative to be audited in

case, if annual revenue or

credit cooperative requires mandatory audit

with Russian Federation

audit activity, and other times

true Federal by law Federal Act of 21

December 2013 N 375-FZ- Meeting of Russian legislation

Federation, 2013, N 51, article 6695).

3. Credit cooperatives, whose number of members exceeds

three thousand physical and (or) legal persons

Co-operatives of the second level, Credit cooperatives, not

members of a self-regulating organization, represent in

Bank of Russia documents, containing the activity

The personal composition of the credit cooperative bodies. Forms and dates

specified documents are set by the Bank of the Russian Federation

(Part 3 introduced by Federal Act of November 30, 2011) N 362-FZ

-Russian Law Assembly, 2011, N 49, st.

7040; in red. The Federal Act of 23 July 2013 N 251-FZ-

Russian legislation collection, 2013, N 30, st.

4084; of the Federal Act of June 29, 2015. N 210-FZ-Assembly

Russian legislation, 2015, 4001).

Article 29. Storing credit cooperative documents

1. Credit cooperative is required to store the following documents:

1 Co-operative Charter

contributions, logged in it registered in installed

order;

2) documents, state registration

credit cooperative;

3) credit cooperative member registry (shareholders)

4) Accounting (financial) credit reporting

cooperative, and expense and performance reports

property, on its balance (red). Federal Law

from 21 December 2013 N 375-FZ - Legislation

Russian Federation, 2013, N 51, Art. 6695);

5) Credit cooperative internal regulations

6 locations for their branches and representative offices

7) general general general

(shareholders), meetings of the credit cooperative

Audit Credit Co-operative, Protocols

meetings of the credit cooperative (s) on the election of their

trusted, votes for votes, and power of attorney

(copies of letters of attorney) to participate in the general meeting of credit members

cooperative (shareholders);

8 Orders and Orders of the Single Executive Authority

credit cooperative;

9) Other Documents, Federal

law, different federal laws,

cooperative and Internal Documents

A

cooperative.

2. Stores stores documents

Part 1 of this article, by location of its executive

organ in and in

Russian legislation.

Chapter 6: Characteristics of credit cooperatives,

members are individuals

Article 30. Physical cash considerations

of the credit cooperative (s)

1. of Part

1

true Federal Law for Credit Cooperatives,

members of which are individuals to the right to draw

money specified by of transmissions

personal savings.

2. Under the personal savings contract physical

member of the credit of the cooperative (the payer), passes

cash cooperative on return,

futility, urgency.

3. The terms and conditions of the personal savings contract are defined

position and on cash flow conditions

members of the credit cooperative (s), accepted by the general meeting

members of the credit (shareholders)

true Federal Law Order. The Position and

{ \cs6\f1\cf6\lang1024}Credit Cooperative Member Conditions

(shareholders) should contain all members of credit

cooperative (shareholders) and Order

using money members of members of of the cooperative

(payers), raised

savings.

4. Transfer of Personal Savings regardless of amount

The

in the form. Non-compliance form

The

treaty causes to be invalid. This contract is

void. The savings contract must contain

terms and conditions of cash transfers, size and order

charges for usage, time, and return order.

5. The Personal Savings Transfer contract must be enabled

condition about early return in in order,

of article 14, paragraph 4, of this Federal Law

if the person's membership in a credit cooperative is terminated.

Article 31. Accounting, accounting

(Financial) Reporting

Credit cooperatives, members

of which are individuals

(name in red. Federal Act of 21 December 2013

N 375-FZ-Legislative Assembly of the Russian Federation, 2013, N

51, Art. 6695)

1. Accounting and Accounting (Financial) Reporting

credit cooperative is subject to annual mandatory audit

validation if the number of physical persons of its members

exceeds 2,000 people. Federal Act of 21 December

2013. N 375-FZ-Assembly of Russian Legislation,

2013, N 51, article 6695).

2. Accounting for obligations on personal savings contracts

is kept separate from the credit cooperative's

contracts.

Article 32. Features of the Property Liability of Credit

cooperatives whose members are physical

faces

Collection of the money and other property

credit of the part, of the underlying sum

Credit Cooperative Credit Cooperative Personal

savings, is not allowed, except for the recovery action

recoveryof recovery documents by

contracts for the transfer of personal savings. Federal Act of the Russian Federation

November 30, 2011 N 362-FZ-Legislative Assembly Russian

Federation, 2011, N 49, article 7040).

Chapter 7: Credit cooperatives associations

Article 33. Second-level credit cooperatives

1. For satisfaction of needs and

Credit Credit Cooperatives

can create credit cooperatives of the second level. Credit

level

form

funds, attract money from its members and others

in order, defined by this Federal Law and

their charters, provide members of for

satisfaction financial requirements other

activity, Federal

Charters of second-tier credit cooperatives.

2. The Federal Locations

credit cooperative activity

financial sustainability cooperative, about creation,

reorganizing and on the union's credit membership of in

Credit Co-operative, Co-operatives

applies to second-tier credit cooperatives.

3. Second-level credit cooperatives are created at least

five credit cooperatives

territorial (regional, interregional, federal)

or another principle.

4. Credit cooperative is obliged to notify when it enters

credit of the second level of self-regulating organization

credit cooperatives of which he is a member.

5. The level of the credit cooperative is not allowed to join

members of other second-tier credit cooperatives.

6. The minimum size of the credit cooperative

second level must be:

1) 10 millions of rubles after one month since

creating it;

2) 50 millions of rubles after one year since its

creation.

7. Until the minimum size of the equity fund

second-tier credit cooperative can

used for to provide to its members, placed on

deposit accounts in Russian credit organizations,

in purchase of state and municipal securities,

acquisition of shares in the equity of or of the Russian

credit organizations.

8. In the case, if the size of the credit cooperative's trust fund

second level of accounting (financial) reporting

ending periods, parts of 6 of this article, , and

every subsequent quarter is less than the minimum

foundation, credit of the level of in

four calendar months from the end of periods specified

specified quarter must accept for

exception resolving this before

next quarter. In of this requirement

Elimination of second-tier credit cooperative

The court's

solution Federal Act of 21 December 2013 N

375-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

51, article 6695).

9. Second-level cooperative's credit

used to provide its members, implementation

organizational-management expenses, on

deposit accounts in Russian credit organizations,

to purchase state and municipal securities or on

acquisition of shares in the equity of Russian shares

credit s

Federal of the law. this maximum amount of

to purchase state and municipal value

papers, acquisition in share capital or shares

Russian organizations credit should be no more than 20

percentage of the value of the second-tier credit cooperative's assets.

10. Accounting and accounting (financial) reporting

Credit of the Cooperative

mandatory audit (s) Federal Act of 21

December 2013 N 375-FZ-Legislative Assembly of Russian

Federation, 2013, N 51, article 6695).

Article 34. Union (Association) Credit Cooperatives

1. Credit cooperatives on the voluntary base

join associations (associations) of credit cooperatives in

coordinating credit cooperatives, views, and

protecting their interests, providing information, legal, and others

services, organization for credit

cooperatives, credit qualifications

Cooperatives, Implementation Other

Other

activity.

2. Procedures for the creation of a credit cooperative association (association)

its reorganization and liquidation, , and its

organs, relationships of the union (s) of credit cooperatives

and its (its) members, other issues of creating and activities of the union

(Associations) Credit cooperatives are defined by

laws and founding documents of union (association) of credit

cooperatives.

Article 35. Self-regulating credit cooperative organizations

1. Self-regulation of credit cooperatives

in self-controlled

organization credit cooperatives (further - self-controlled

organization), and control goals

Credit Cooperatives that are their members, and

for presentation and protection of members ' of self-regulating

organizations.

2. The activities of self-regulated organizations are regulated

true Federal Law, as well as Russian legislation

Federations of self-regulating organizations.

3. Credit Co-operatives, for credit

second-level cooperatives, are required to join self-regulated

organization in three months of credit creation

cooperatives. Credit cooperatives, required members

self-regulating organization according to this Federal

law that has terminated membership in the self-regulated organization

must be within three months of termination of its membership

self-regulated organization to join other self-regulated

organization. Before joining a self-regulating organization, credit

cooperatives do not have rights to raise money members

credit (shareholders) and credit

co-op of new members of the credit cooperative (s).

4. Credit The Cooperative obliged to be a member

self-regulating organization according to this Federal

{ \cs6\f1\cf6\lang1024

}

Russian of the Part (in  Ed.

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

5. The cooperative can member only

self-regulating organization.

6. For members of self-governable organization

credit cooperative must present:

1) application for joining a self-regulating organization;

2) notarized copies of the constituent documents;

3) A notarized copy of the production certificate

credit cooperative to tax authority;

4) extract from the public registry of

;

5) Certified Credit by the

Internal

{ \cs6\f1\cf6\lang1024}Credit Cooperative Regulatory Documents;

6 authenticated credit by the copy of of the accounting

(Financial) Credit of the Co-operative Last

reporting period Federal Act of 21 December 2013 N

375-FZ -Collection of Russian legislation, 2013, N

51, Art. 6695);

7 certified credit cooperative from member registry

credit (shareholders), containing

number of members of credit cooperative (shareholders);

7-1) Information about the self-regulating organization (s),

The

member of which the credit cooperative was previously a member (point

7-1 was introduced by Federal Law from 29 June 2015 N 210-FZ

The legislation of the Russian Federation, 2015, N 27, st.

4001);

8) other documents, for self-regulating

organization, rules, and standards for a self-regulating organization.

7. Self-regulating organization collegium

receives Members

self-regulating organization for three days from the day of receipt

from Credit Cooperative Application for Self-Regulated

organization and required documents specified in Part 6 of this

articles.

8. Grounds for rejection of a credit cooperative in

members of self-regulating organization are:

1 non-provision by the credit cooperative

true Federal by law, to self-regulate

organization, rules and standards for a self-regulated organization

documents;

2) Credit Confusion of the co-op

self-regulating organization of membership conditions in self-regulated

;

3) credit of the member's friend

self-regulating organization (item 3 introduced by Federal Act)

June 29, 2015 N 210-FZ- Assembly of the Russian Law

Federation, 2015, N 27, st. 4001).

9. Credit The Cooperative is denied membership

self-regulated organization, has the right to challenge in

court order.

9-1. The organization of the creditorganization

Cooperatives, which submitted the Members

self-regulated organization, to request from others

self-regulating organizations whose member was previously

credit cooperative, results of tests performed

activities of such a credit cooperative and facts of in

relationship to its responsibility for the three years, of the preceding date

The

of the request. Self-controlled organization,

of this request, must provide the requested

information not later than three days from the receipt of the specified query

(Part 9-1 was introduced by Federal Law of June 29, 2015). N 210-FZ

Russian Law Assembly of the Russian Federation, 2015,

4001).

10. Non-commercial acquires status

self-regulated organization of aggregation

nonprofit organization of at least 100 credit cooperatives or

not less five credit cooperatives, cumulative members

organization's non-commercial requirements

regulatory Acts of the Bank of Russia and the law

Russian Federation about self-regulating organizations.

Non-commercial organization acquires the status of self-regulated

organization from the date of incorporation of the non-profit organization in

State Registry Self-Managed Credit Registry

cooperatives. non-profit

organization in The State inventory of self-regulating organizations

credit cooperatives regulated by Russian

Federation o self-regulated organizations (on the red. Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, est. 4084).

11. Self-regulated organization has the right to create branches and

representation, including regional.

12. Information about a non-profit organization can be excluded

of The State Register of Self-regulated Organizations of Credit

cooperatives of the Bank of Russia on and in Order,

Russian Federation

self-regulating organizations (to the red. Federal Law of

July 2013 N 251-FZ - Collection of the Law of the Russian

Federation, 2013, N 30, st. 4084).

Article 36. Functions, Rights and Obligations of Self-regulating

organizations

1. Self-controlled organization performs the following

functions:

1 sets and to

Fed by law, by other laws, other

Regulatory Legal by Russian Federation and Normative

Acts of the Bank of Russia for members of the self-governable

organization rules and standards Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

2 develops the sample credit coopera-ts

members of self-regulating organizations, approximate forms of their internal

regulatory documents, guidelines, and other related activities

credit co-operatives;

3) organizes credit

members of a self-regulating organization;

4) develops

self-regulated organization, in , including the number conditions of the members

self-regulated organization and

self-regulated organization;

5) controls the activities of its members in part

complying with requirements of Russian legislation in

scope of credit collaboration, rules, rules,

standards of self-regulating organization;

6 considers actions (inaction)

members;

7) leads to the Federal Act of 1

December 2007 N 315-FZ "About self-regulating organizations" registry

credit members of a self-regulated organization and

exposes to of this

stakeholder in order, installed by law

The

Russian Federation and the Charter of the Self-regulating Organization (to the red.

Federal Law From June 2013 N 113-PHC -Collection

Laws of the Russian Federation, 2013, N 23, art. 2871);

8) interacts with the Bank of Russia in the order, of the

Russian Federation of self-regulating

organizations, other normative legal acts of

Federation and Bank of Russia regulations (to the red Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, art. 4084);

9 performs functions other than

Fed by law, by other laws, other

regulatory legal acts, Bank of Russia regulations and

The Charter of the self-regulating organization (to the red). Federal Act of the Russian Federation

23 July 2013 N 251-FZ- Assembly of the Russian

Federation, 2013, N 30, st. 4084).

2. matches with Federal

law of functions of a self-regulating organization has a right:

1) inspect self-managedmembers

organization in parts of compliance

Russian Federation in the of the Cooperative's Cooperation, Provisions

charters, rules and standards for a self-regulating organization.

planned self-regulated organization

occur at least once every three years and no more than once

a year, out-of-scope checks run based on incoming

complaints and Claims;

2 use members

Russian Federation of self-regulating

organizations, by the Charter of the self-regulating organization and other

documents of an organization that is self-regulating;

3) exclude credit cooperatives from members

self-regulated organization in cases

Russian Federation of self-regulating

organizations and articles of a self-regulating organization;

4) implement other rights, provided by

self-regulated organization, in matches

Federal FederalFederal

laws, other legal acts of the Russian Federation and

Bank of Russia regulations, taking into account the peculiarities of the Bank of Russia

for the self-regulated organization of this Federal Law (in

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

3. Self-regulating organization is obliged:

1) set for the organization's self-adjusted organization

rules and their performance standards

2) Set and Other

members of self-regulated organization

order for members of the self-governable organization

Russian Federation law in the area of credit

collaborations, s rules, , and standards

self-regulated organization,

responsibility for members of a self-regulating organization under

detecting violations in their activities;

3) create a structural unit, in control

for activities of members of a self-regulating organization;

4) create

disciplinary of exposure to its members during detection

Russian Federation in

scope of credit collaboration, rules, rules,

standards of self-regulating organization;

5) take to prevent conflict

Self-Managed Credit

cooperatives and its members, as well as timely settlement

such a conflict;

6) send information about self-regulated members to the Bank of Russia

credit cooperatives, members

has exceeded three and (or) legal entities. Forms,

Date and Order of

Russia (in Ed. Federal Law of June 29, 2015. N

210-FZ-Russian Federation Law Collection, 2015,

27, art. 4001);

7) notify as the Bank of Russia is identified of violations by members

self-regulated organization of Russian legislation requirements

Federation in the scope of the credit cooperation and provisions of their charters (in

Federal Law of 23 July 2013 N 251-FZ - Collection

Russian legislation, 2013, N 30, art. 4084);

7-1) guide in the implementation

parts of their compliance

{ \cs6\f1\cf6\lang1024 } Russian Federation's{ \cs6\f1\cf6\lang1024

} credit requirements

collaborations, s rules, , and standards

self-regulated organization in order, by the Bank

Russia. Forms, terms and order of the information

set by Bank of Russia (item 7-1 by Federal Law)

from 30 November 2011 N 362 - Law Collection

Russian Federation, 2011, N 49, st. 7040; in red. Federal

Act of 23 July 2013 N 251-FZ - The Law Collection

Russian Federation, 2013, N 30, st. 4084; Federal Act of

June 29, 2015 N 210-FZ- Assembly of the Russian Law

Federation, 2015, N 27, art. 4001);

7-2) send documents to the Bank of Russia, containing

activity of and the personal composition of credit co-operatives

- members of the self-regulating organization, and also

(Financial) reporting. Forms, dates and

providing and information

Bank of Russia (Federal Law of June 29, 2015, para. 7-2)

g. 210-FZ-Assembly of Laws of the Russian Federation, 2015,

N 27, art. 4001);

8) carry other duties, provided by its constituent

and Russian Federation

self-regulating organizations.

4. The self-regulated organization

standards are binding on all members.

Article 37. Provide self-regulated access

for information

Self-controlled organization to place in

Information and Telecommunications Internet

information, Federal 1 December

2007 N 315-FZ " O self-regulated organizations

self-regulating organization (in the red. Federal Act of 7 June

2013. N 113-FZ-Legislative Assembly of the Russian Federation,

2013, N 23, article 2871).

Article 38. Self-regulating organization (s)

Body Structure of a Self-regulating Organization, Competation and

their terms of authority, the order in which they are made

constituent and internal documents

self-regulated organization in with law

Russian Federation about self-regulating organizations. Order

formation of self-regulated organization, in

requirement for number of independent members permanently effective

collegiate self-managed organization

is defined by the organization's self-regulating organization.

Article 39. Ensuring property ownership of members

self-regulating organization

1. Self-controlled organization is required to

ownership of credit co-operatives

members, on before members of credit cooperatives

(pipe).

2. Self-controlled organization provides property

responsibility of its members by the compensation

funds in accordance with the provisions of this Federal Law and

Russian Federation

organizations.

3. In order to ensure the property of the members ' responsibility

self-regulated organization on membersbefore

Credit Cooperative (shareholders) self-regulated organization

right to present credit cooperatives, to attract money

funds of its members-individuals, insurance requirements

risk of liability of credit cooperatives for breach of contracts

to transfer personal savings.

Article 40. Compensation fund and compensatory payments

1. The Compensation Fund is formed by payments (contributions)

members of a self-governmentable organization

true federal law, some revenue from allocation

compensation for is not prohibited by law

sources. Order Formation and Size of the Foundation

set in self-regulated organization in

compliance with the provisions of this Federal Law.

2. The and order of (contributions) members

self-regulated organization to compensation fund is installed

in the of the self-regulating organization. If this is the size of the annual

mandatory payments (contributions) to the compensation Foundation

self-regulated organization must < 0.2

percentage of average annual of his assets,

its (financial) accounts. Maximum

sum of all mandatory payments (contributions) of self-process

organization in compensation fund in which payment

(contributions) to compensation fund member of self-regulating organization

no longer produced, must be greater than 5 percent

assets of a self-regulated organization (in . Federal

Law of December 21, 2013 N 375-FZ-Legislative Assembly

Russian Federation, 2013, N 51, est. 6695).

3. Self-controlled organization has the right on your own

place a compensation fund in

millions of ruble Diversibles

return, profitability, liquidity. Conditions and Order

hosting compensation fund, as well as requirements

composition and structure of the compensation fund is defined

A

investment declaration adopted by a self-regulating organization.

When allocating a compensation fund to

restrictions:

1) not less than 50 percent of the compensation fund should

to be placed in government securities of the Russian Federation

and (or) public subjects of Russian

;

2) no more than 30 percent of the compensation fund can

be posted on deposit accounts in banks, in the accessing

organized tenders for Russian issuers created in the form

public stock companies or in paev investment

funds. However, not more than 5 percent of the specified funds can be

is placed in the share of one issuer (on the red. Federal Act of 21

November 2011 N 327-FZ - Collection of the Russian

Federations, 2011, N 48, art. 6728);

3) no more than 10 percent of the compensation fund can

be invested in real estate objects.

4. Self-regulated organization does not have the right to allocate

compensation fund in security not

organized trading (Ind. Federal Act of 21 November 2011

g. N 327-FZ-Legislative Assembly of the Russian Federation, 2011,

N 48, st. 6728).

5. if of the fund

self-regulated of the organization will exceed 20 millions of rubles,

self-regulating organization must:

1) in days

compensation fund to notify of this Russia's (in red.

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, art. 4084);

2) in within one year from the above specified size

compensation fund to contract with management company

trust fund's compensation

with Russian

self-regulated organizations and to pass

The

trust fund for the trust fund.

6. Proceeds, received from offset

fund, is directed to replenit this fund and meet expenses

related with appropriate

funds. Compensatory fund used exclusively

for financial property ownership of members

self-regulating organization members ' members

by the self-regulated organization

compensation payments in accordance with this article.

7. Compensatory repayments, to self-run

organization from the compensation fund according

Articles,

member of a self-regulating organization to fulfill its obligations

before members of (shareholders). compensation compensation

a self-regulating organization matches

normative Acts of The Bank of Russia, with the and standards

self-regulating organization (in the red. Federal Act of 23 July

2013. N 251-FZ-Assembly of Russian legislation,

2013, N 30, article 4084).

8. Compensatory payment of from the compensation fund in

relation of one of a self-governmentable organization may

exceed 5 percent of the compensation fund

to make a decision about the specified payment.

9. The compensation fund cannot be awarded

recovery from the obligations of the self-regulating organization.

10. Cannot return members of self-regulated organization

their payments to the compensation fund.

11. When excluding information about from

State Self-Managed Organizations Registry

Cooperatives of Compensation Fund are to be distributed

between members of a self-regulating organization in proportion

payments made by members of a self-regulating organization (contributions) in

compensation and by three years from the exception day

nonprofit organization from the register of self-regulated organizations

Credit Cooperatives to pay members of a self-regulating organization.

12. Distribution of compensation fund approved

common collection of members of a self-regulating organization

protocol of the general meeting of members of self-regulated organization, in

which specifies members of the self-regulating organization

offsets (contributions) to compensation fund, with shares

compensation fund to be paid.

13. Compensation fund no later than five days

days to hold a general meeting of members of a self-regulating organization

are credited to a notary's deposit, where they are before the end of

years of the organization from

State Self-Managed Organizations Registry

cooperatives. In for the period of recovery of the compensation

deposit of notary public from compensation fund can

compensation payments to persons listed in the protocol

general meeting of members of self-regulating organization, on

executions of court decisions.

Article 41. Control (supervision) of activities

self-regulating organizations

(name in red. Federal Law of 23 July 2013 N

251-FZ -Collection of Russian legislation, 2013, N

30, Art. 4084)

1. Control (supervision) of the activities of self-regulating

is implemented by the Bank of Russia through planned

and exceptional audits of self-regulating organizations (in

The Federal Act of 23 July 2013 N 251-FZ-Assembly

Russian legislation, 2013, N 30, sect. 4084).

2. Routine inspection of the activities of a self-regulating organization

is held at least once every two years according to the plan,

approved by the Bank of Russia] Federal Act of 23 July

2013. N 251-FZ-Assembly of Russian legislation,

2013, N 30, article 4084).

3. Exceptional self-regulatingactivity

organization

legal persons, individuals, organs

state authorities, authorities of state authorities

Russian Federation Local Home

law enforcement of a self-regulatingviolation

organization or its members of this Federal law, other

Federal Laws, Acts Russian

Federation and Bank Regulations of the Bank of Russia Out-of-plan test

self-regulated organization can

credit cooperative activity audit

number of which exceeds three thousands of physical and (or)

legal entities that are a member of a self-regulating organization (in

The Federal Act of 23 July 2013 N 251-FZ-Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of June 2015 N 210-FZ -Collection

Russian legislation, 2015, 4001).

4. Implementing Self-ManagedValidation

Bank of Russia has the right to accept

check

Credit of the Cooperative, a member

self-regulated organization, in of credit

Russian Federation requirements

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}

a Requirements s and standards

self-regulating organization (in the red. Federal Act of 23 July

2013. N 251-FZ-Assembly of Russian legislation,

2013, N 30, article 4084).

5. Requirements Requirements

true Federal The [ [ bank]] of directs the to

self-regulated organization order to be removed to reasonable

time frame for detected violations. Order of the Bank of Russia to eliminate

revealed violations can be self-regulated

organization in the court order (ed.) Federal Law of 23

July 2013 N 251-FZ - Collection of the Law of the Russian

Federation, 2013, N 30, st. 4084).

6.

Russian

Violations

nonprofit of the public registry

self-regulated credit organizations (in Ed.

Federal Law of 23 July d N 251-FZ - Collection

Russian legislation, 2013, N 30, sect. 4084).

7. organizations are

Self-controlled State registry

credit cooperative organizations from the effective date of the solution

ships to exclude such information from the specified registry.

8. If of the organization from

State Self-Managed Organizations Registry

cooperative credit cooperatives, by its members, are required

in other self-regulated organizations

Cooperatives within three months from the exception date

nonprofit of the public registry

self-regulating credit organizations ' cooperatives. specified

credit co-operatives are subject to the provisions of article 35 (3) and (4)

true Federal Law.

9. The Bank of Russia is obliged to provide information about self-regulating.

organizations, containing in the Registry

self-regulated organizations cooperatives, any

credit cooperative within five business days from the day of presentation

statements about how to provide information. Federal Act of

23 July 2013 N 251-FZ- Assembly of the Russian

Federation, 2013, N 30, st. 4084).

Chapter 8: Final provisions

Article 42. Final provisions

1. The constituent s and others

Consumer Cooperatives, Activities

Article 3, Part 1 of the Federal Law,

created before the day of the effective Federal Law,

casts to with

Federal of the law within one year from the date of entry into force

true Federal Law. After one day

coming in of the Federal Federal credit

cooperatives and other consumer cooperatives that did not result in

constituent documents in compliance with the requirements of this

Federal Law, has the right to work

Article 3, paragraph 1, of this Federal Act.

2. of the

Federal Act of the time to execute requests

Credit Cooperatives in Self-regulating Organizations

control (supervision) of credit cooperatives

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, sect. 4084).

3. In the ratio of credit cooperatives that did not join

self-regulated organization, Bank of Russia has the right

Federal Law July 2013 N 251-FZ -Assembly

Russian legislation, 2013, N 30, art. 4084:

1) query and retrieve financial and economic information

public

Activity

statistics, of the federal executive authority

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of other State oversight and control bodies;

2 Request Cooperative

documents, positions, and other documents, shared

members of the credit (shareholders) and others

credit cooperative;

3) request from the credit of the [ [ cooperative]]

(financial) reporting in order, by the Bank of Russia (in

The Federal Act of 23 July 2013 N 251-FZ-Assembly

Russian Federation Federation, 2013, N 30, st. 4084;

Federal Law of December 2013 N 375-FZ-Assembly

Russian legislation, 2013, N 51, article 6695);

4) perform compliance compliance checks

Federal federal law, Federal

laws, Legal Russian

normative acts of the Bank of Russia (ed.) Federal Act of 23

July 2013 N 251-FZ - The legislature

Federation, 2013, N 30, art. 4084);

5) hold credit cooperative activity

assertion of legal entities, individuals,

public authorities, authorities

Subjects of the Russian Federation Local Self-Government

law enforcement credit violation by a cooperative

true Federal law, other federal laws

Russian laws and regulations

Russia (in Ed. The Federal Act of 23 July 2013 N

251-FZ-Legislative Assembly of the Russian Federation Federation, 2013,

30, art. 4084);

6 Cooperative Credit

give the required to fulfill the removal order

detected violations;

7) address in with

credit

Russia Bank

detected violations, carrying out activities, forbidden

true Federal by law, or repeatedly

Credit Cooperative Federal Other

Federal Laws, Acts Russian

Federation Russia (in Ed. Federal

Law of 23 July 2013 N 251-FZ-Legislative Assembly

Russian Federation, 2013, N 30, art. 4084);

8) implement other rights, Federal

laws (under the law) Federal Law of 23 July 2013 N 251-FZ-

The legislation of the Russian Federation, 2013, N 30, st.

4084).

Article 43. Recognition that are no separate

Legislation (Legislative Provisions

acts of the Russian Federation

To be void:

1) Federal Law August 2001 N  117-FZ

About credit Co-operatives (Collection

Russian legislation, 2001, N 33, art. 3420);

2) Article 3 of the Federal Law of 3 November 2006 N 183-FZ

"About making changes to Federal Law " O agricultural

and Certain Legislative Acts of the Russian Federation

( Russian Federation 2006, N 45,

4635).

Article 44. Entry into force of this Federal

of the law

1. This Federal Law shall enter into force at the end of 10.

days after its official publication, except part

Article 35, paragraph 3, of article 35 of the Act.

2. Part 4 of Article 6 of this Federal Law comes into effect

force one in    power

true Federal Law.

3. Article 35, paragraph 3, of this Federal Act shall enter into force

force on two years after the date of entry into force of this

Federal law.

Dmitry Medvedev

Moscow, Kremlin

18 July 2009

N 190-FZ