C A C U A TO R S
On Joint Stock Company
(Information of the Verkhovna Rada of Ukraine (VR), 2008, N 50-51,
(...) (...)
{With changes under the Laws
N 2154-VI ( 2154-17 ) from 27.04.2010, VR, 2010, N 22-23,
N 24-25, stan 263-changes applied in 2010
N 2435-VI ( 2435-17 ) of 06.07.2010, BBB, 2010, N 46, pp. 539}
{Further see. Decision Of The Constitutional Court
N 22-p/ 2010 ( v022p710-10 ) 30.11.2010}
{With changes under the Laws
N 2774-VI ( 2774-17 ) from 03.12.2010, VB, 2011, N 22, pp. 151
N 2856-VI ( 2856-17 ) from 23.12.2010, VR, 2011, N 29, pp. 272
N 2994-VI ( 2994-17 ) from 03.02.2011, VB, 2011, N 35, pp. 344
N 3205-VI ( 3205-17 ) from 07.04.2011, VR, 2011, N 41, pp. 413
N 3610-VI ( 3610-17 ) from 07.07.2011, VR, 2012, N 7, pp. 53
N 4212-VI ( 4212-17 ) from 22.12.2011, VR, 2012, N 32-33, pp. 413
N 4382-VI ( 4382-17 ) from 09.02.2012, VR, 2012, N 39, pp. 474
N 4498-VI ( 4498-17 ) 13.03.2012, VCE, 2012, N 40, pp. 480
N 4969-VI ( 4969-17 ) 19.06.2012, VR, 2013, N 19-20, pp. 176
N 5080-VI ( 5080-17 ) from 05.07.2012, VR, 2013, N 29, pp. 337
N 5178-VI ( 5178-17 ) by 06.07.2012, VR, 2013, N 39, pp. 517
N 1206-VII ( 1206-18 ) from 15.04.2014, VR, 2014, N 24, pp. 885
N 1255-VII ( 1255-18 ) from 13.05.2014, VR, 2014, N 27, pp. 912
N 80-VIII ( 80-19 ) from 28.12.2014, VR, 2015, N 5, pp. 37
N 91-VIII ( 91-19 ) from 13.01.2015, VR, 2015, N 10, pp. 58
N 272-VIII ( 272-19 ) 19.03.2015, OVR, 2015, N 22, pp. 152
N 629-VIII ( 629-19 ) 16.07.2015, AVR, 2015, N 43, pp. 386}

{In the text of the Act, in addition to section XVII " The End and
transitional provisions ", the words" State Commission on Securities "
the stock market papers and stock market " in all differences are replaced
The words "National Securities and Exchange Commission"
the stock market " in the relevant case according to the
Act N 3610-VI ( 3610-17 ) of 07.07.2011}

Section I
GENERAL PROVISIONS
Article 1. Scope of the Act
1. This Act defines the order of creation, activities,
termination, allocated to shareholders, their legal status,
The rights and responsibilities of shareholders.
2. Activities of State Joint Company Societies and Public
Holding companies, the only founder and shareholder of which are
the state in the person of the authorized state bodies, is governed by this
By law, subject to the features provided by the special
The law.
Activities of the State Managing Holding Company, public
Holding companies and government shareholders, the only
the founder and shareholder of whom is the state in the person of the authorized
government bodies, regulated by this Act, with regard to
The features provided by special laws. {Paragraph second
part of the second Article 1 in the edition of Act N 4498-VI ( 4498-17 )
13.03.2012}
3. Speciality of the creation of shareholders in the process
privatization and corporatization, their legal status and activities
in the period before the privatization plan (placement of shares)
are defined by the legislation on privatization and corporatization.
Management of joint-stock societies, in statutory capital
which are corporate rights of the state or territorial community,
is carried out with regard to the features defined by the law.
4. The creation, termination of the joint stock company,
property or in the management of stocks and acquired other rights
the control of the society is carried out with the proof of the law
concerning the protection of economic competition.
5. The action of this Act does not apply to shareholders,
which are created, active and discontinued in accordance with the legislation
on the institutions of joint investment. {Article 1 is supplemented by a part of the fifth under the N 5080-VI Act
( 5080-17 ) of 05.07.2012}
Article 2. Term Definition
1. In this Act, the terms below are used in this regard
value:
1) affiliated with one another person (further-affiliated)
persons):
legal entities, provided that one is taking control of the
Others or both are under the control of a third person;
members of the physical person ' s family-husband (wife), as well as
parents (adopers), guardians (trustees), brothers, sisters, children
and their husbands (wives); {Abzac third item 1 part of the first
Article 2 with changes made under Act N 2994-VI
( 2994-17 ) 02.02.2011}
a physical person and members of her family and a legal person if that
a physical person and/or members of her family exercise control over
Legal entity; {Paragraph 4 of the fourth part of the first article
2 of the changes made under Act N 2994-VI ( 2994-17 )
02.02.2011}
(2) ransom of shares-acquisition of a joint stock company for a fee
Shares held;
(3) a voting action-an act whose owner is granted the right
vote at the general shareholders meeting (further-general assembly) for
to address the issues prescribed by the law and the status of the joint-stock
Societies;
(4) significant legal rights (other than right)
a society of own shares), a study by a joint stock company, if
the market value of property (works, services), which is its subject,
is 10 and more per cent of the cost of the assets of the society
The last year of financial reporting;
5) a significant package of shares-a package of 10 and more per cent
A simple stock company;
6) a controlling share package with more than 50 percent
A simple stock company; {Item 6 of the first article 2 with changes made in accordance
Act N 2994-VI 2994-17 ) 02.02.2011}
7) control-the decisive impact or the possibility of exercise
The decisive impact on the business of the subject
the master's work, in particular the realization of the right
ownership or use of all assets or their significant part,
rights of decisive impact on composition formation, results
vote and decision by the subject
the work of the child, as well as the act of the
opportunity to determine the conditions of economic activity, to give
required to perform instructions or perform an organ function
The management of the master's office;
(8) Corporate rights-a set of mayonies and non-mayors
shareholder-holder of the shares of the society that stem from the right
property on shares including the right to participate in the
shareholding company, receiving dividends and assets
of the Joint Stock Company in the event of its liquidation, according to
law, as well as other rights and rights provided by law;
Or statutory documents;
9) cumulative vote-vote during election
persons within the body of the society when the total number of votes
The shareholder is multiplied by the number of members of the joint-stock
societies chosen and the shareholder has the right to give all
calculated in this way the votes for one candidate or the distribution
Between several candidates; {Item 9 of the first article 2 with changes made in accordance with
Act N 2994-VI 2994-17 ) 02.02.2011}
10) liquidation value of privileged stock of a certain
class-the amount of funds that will belong to the owner of such a stock during
Liquidation of the joint stock company;
11) mandatory stock buyout-mandatory acquisition for payment
and on the request of the shareholders are posted by the company of shares;
(12) persons operating jointly,-physical and/or legal persons,
which act on the basis of the law between them and agree their actions for
Reaching a common goal;
13) the official printed body is the official printed edition
National Securities and Stock Market Commission; {Item 13 of Part 1 of Article 2 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
14) message to shareholders-a message containing
the law and status of the joint-stock company
and is sent to the addressee in writing in a manner defined by
A charter of the society {Paragraph 14 of Part 1 of Article 2 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
15) officials of the bodies of the joint-stock company-the physical
persons-head and members of the Supervisory Board, executive body,
Revision of the Committee, the Revising of the Joint Stock Society, and
the head and members of another body of society if the formation of such a
The body has a charter of the Society {Paragraph 15 of the first Article 2 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
16) proportional share of shares-acquisition of joint-stock
The company's shares are in proportion to the number of shares of
of a certain type and/or class proposed by each shareholder before
Sales;
17) A simple majority of votes-more as 50 percent of the vote
Shareholders who participated in the general assembly;
18) are posted securities-securities of joint-stock
societies, alienated by him in favour of others in order,
Legislation established;
19) the statutory capital capital of the society formed from
the sum of the nominal value of all placed shares of the society;
(20) members of the Executive Body-Members
collegial executive body. Status of member of the executive body
has also the same person who exercise the power of a unionborn
The company's executive body.
Article 3. Legal status of the joint-stock company
1. Accountable Society-Business Society, Statutes and
the capital of which is divided by the number of particles of the same
of nominal value, corporate rights to which
The shares. {Part of the first article 3 with changes made under the Act
N 2994-VI ( 2994-17 ) 02.02.2011}
2. The active society is not responsible for obligations
shareholders. The Society and its organs cannot
apply any sanctions limiting their rights, in case of
to act by shareholders of action, other than cases determined by the
by law. {The first part of the second article 3, with the changes,
by Act N 629-VIII ( 629-19 ) 16.07.2015}
Shareholders are not responsible for the society ' s obligations and
carrying the risk of damage related to the activity of the society, only in
They have their own shares. Shareholders cannot apply
any sanctions restricting their rights, in the case of
Against the actions of a society or to other shareholders.
Shareholders that did not fully pay shares, in cases,
defined by the statute of the society
the societies within the unpaid part of the cost of their respective shares.
3. An active society can be created by establishing a
or fusion, division, selection or transformation of entrepreneurial
(entrepreneurial) societies, state (state), municipal
(...) (...)
The society is created without limiting the line of activity if
the other is not set by its statute.
The Society is considered to be created and acquires the rights of the legal
persons with the date of its state registration in the
Law of order.
4. Outside of the naming of the joint-stock company in Ukrainian
language must contain the name of its type (public or private) and
Organizational-legal form (joint stock company).
The Society may have abbreviated names in Ukrainian
In a language, complete and shortened to the foreign language (languages).
Article 4. Company shareholders
1. Society shareholders are recognized as physical and legal
persons, as well as a state in the person authorized to govern
with a state major, or a territorial community in the person of authority,
authorized to manage the communal property that are owned by the
The Society.
The stock company cannot have a single participant.
An entrepreneurial society whose party is one person.
The stock company ca n' t have in its lineup only
shareholders are legal entities whose only member of which is the same
a person.
2. Any duties of shareholders contrary to the law do not
may be defined by a statute or other documents of the society.
Article 5. Types of joint-stock
1. Active societies by type are divided into public
Shareholders and private equity societies.
List of shareholders of private equity shareholders
Societies cannot exceed 100 shareholders.
2. The public joint-stock company can make public
and private placement.
A private joint-stock company can only exercise
private placement of shares. In case of general assembly
Private Joint Stock Company
The public stock of shares prior to the statutes of the society
relevant changes, including about changing the type of society-from
Private to public.
Changing the type of society from private to public or with
The public on private is not his conversion.
Article 6. Joint-stock company with one shareholder
1. An active society can be created by one person or
may consist of one person in case of acquisition by one shareholder
All of the shares. Information about this subject to registration and
publish for the general knowledge set on the
The National Securities and Stock Market Commission.
Article 7. The process of alienating the shares of the stock company
1. The shareholders of the public stock company may
feel the proper shares of them without the consent of other shareholders
Societies. {Part of the first article 7 with changes made under the Act
N 2994-VI ( 2994-17 ) 02.02.2011}
2. A charter of a private joint society may be
have the vast right of its shareholders to purchase shares
the Society offered by their owner to the alienation
A third person. In case of a status as a private equity
society has the vast right of its shareholders to buy
shares offered by their owner to the sale of a third person, such as
The preferential right is implemented according to parts of the third-
The sixth of this article. The order of implementation of the preferential right
shareholders to acquire the shares of a private equity society,
which are offered by their owner to alienation (other than sale) third
The person is set up by a charter of such a society. {Part of the second article 7 in the edition of Act N 2994-VI ( 2994-17 )
02.02.2011}
3. The shareholders of the private equity society have
The prevailing right to buy shares sold by others
shareholders of this society, at a cost and on conditions,
proposed by the shareholder a third person, in proportion to the number of
the shares belonging to each of them. Preferential equity of shareholders to
acquisition of shares sold by other shareholders of this
societies, acting for two months from the day of receiving
the shareholder ' s message about selling the stock if shorter
rows are not provided by a society statute.

{Paragraph 2 of the second part of Article 7 is excluded from the
Law N 2994-VI 2994-17 ) 02.02.2011}

{Paragraph 3 of third Article 7 is excluded from the
Law N 2994-VI 2994-17 ) 02.02.2011}

The prevailing right, predicted by the statute of the society, is not
may be less than 20 days from a day of receipt by a society
the appropriate message. Preferential rights lines are stopped at
If prior to its split from all shareholders of the company,
written or denied use
The right to buy shares. {Fourth part of the paragraph
Third Article 7 with changes made under Act N 2994-VI
( 2994-17 ) 02.02.2011}
4. The shareholder of a private equity society that has
intends to sell its shares to a third person, owed to written
to report these to the rest of the company's shareholders with the price value
and other terms of sale. Message of company shareholders
It's a company. After receiving written
a message from a shareholder who intends to sell his shares
third person, society commitments for two working days
to send copies to all other shareholders.
If another is not provided by a society statute, a message
The company ' s shareholders are carried out by the shareholder who has
We want to sell it. {Paragraph of the first part of the fourth article
7 of the changes made under Act N 2994-VI ( 2994-17 )
02.02.2011}
If the shareholders of the private equity society are not
will take advantage of the overwhelming right to buy all the shares that
are offered for sale, during the line set by this
By law or status of a joint-stock company, shares can be
sold for the third person at the price and on conditions reported
The shareholders of the society. {Paragraph second of fourth article 7 in
See Law N 2994-VI ( 2994-17 ) 02.02.2011}
5. In case of violation of the listed article
the right to purchase shares any shareholder of the society has the right to
for three months from the day he learned or should have
learn about such a violation, demand a judicial order
To transfer the rights and responsibilities of the stock. {Part of Article 7 in the edition of Act N 2994-VI ( 2994-17 )
02.02.2011}
6. The assignment of the prevailing right to other persons is not
-allowed.
7. Designated the preferential right of the shareholders of the private society
does not apply to cases of the transition of property rights to securities
This is the result of this society as a result of their inheritance or succession.
8. In case of the origin of the right to address the stock
private equity society in connection with their respective
The alienation of such shares is carried out with the proof of the prevailing
The rights of shareholders to purchase these shares. {Part 8 of Article 7 in the edition of Act N 2994-VI ( 2994-17 )
02.02.2011}
9. The prevailing law of the joint stock company
the shares of their own emissions offered by their owner to the alienation
Third parties, not allowed. {Article 8 is supplemented by the ninth article under the Law N 2994-VI
( 2994-17 ) 02.02.2011}
Article 8. Definition of market value of property
1. Rync value of property in case of its valuation, according to
of this Act, other acts of legislation or status of a joint-stock
society is defined on the basis of an independent assessment conducted by
In accordance with legislation on property assessment, property rights and
Professional assessments.
Decision on the involvement of the subject
The master ' s subject is accepted by the Supervisory Board (in
The founding process of the founders or founder
personally, in the event of a joint stock company, one person).
{Paragraph second of first Article 8 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
2. The price of emission securities is determined by:
{First part of the second article 8 with changes made in
under the Law N 2994-VI ( 2994-17 ) 02.02.2011}
(1) for emission securities that are not in circulation.
on stock exchanges-as the cost of securities determined by
In accordance with legislation on property assessment, property rights and
Professional assessments;
2) for the emission securities in circulation on the market.
stock exchanges, as the value of securities determined by
According to the Securities and Stock Market legislation.
3. The Supervisory Board or General Shareholders Assembly, if
The formation of a supervisory board is not provided with the status of a joint stock
Society (in the process of establishing a society-by established assemblies),
approve market value of property (including securities),
defined in accordance with the parts of the first and second of this article.
The approved value of the property cannot differ more than
10 percent of the value specified by the evalutor. If Approved
The market value of property is different from property value,
in accordance with the property assessment legislation, mayonnity
rights and professional assessment activities, supervisory board or
general shareholders meeting, if the formation of a supervisory board is not
provided by the status of the joint stock company (in the process of creation
established meetings), should motivate its
the solution. {Part 1 of Article 8 in the edition of Law N 2994-VI ( 2994-17 )
02.02.2011}

Chapter II
ESTABLISHMENT OF A JOINT STOCK COMPANY
Article 9. Establishment of a joint-stock company
1. The shareholders of the joint stock company are recognized by the State in the
The person who is authorized to administer the state property,
territorial community in the person of authority authorized to govern
a communal property, as well as physical and/or legal entities that
You've made a decision about his foundation
2. The shareholders of the stock company may be one, two
Or more people.
3. The founders may make a founding treaty,
which are defined by the procedure for the failure of the joint
creation of a joint-stock company, number, type and class of shares
are subject to acquisition by each founder, nominal value and
the cost of acquiring these stocks, lines and the form of payment of shares value,
the terms of the contract.
To create a joint-stock company, the founders must
to conduct the closing (private) placement of its shares, the meeting
To make the public registration of a stock company.
The founding treaty is not a founding document of the society and
Acts prior to the date of registration by the National Securities and
the stock market report on the results of the closed (private)
Placing shares.
The founding treaty is in writing. If
society is created with the participation of individuals, their signatures on
The founding treaty is subject to a notary's statement.
In the event of the society ' s founding, one person is founding
No contract.
4. In the case of founding a joint stock company, its shares
are subject to the basis of its founding by
private placement. Public accommodation may be
to be carried out after receiving the certificate of registration of the first
Issue of shares
The creation of a joint-stock company through the merger,
division, allocation or transformation of entrepreneurial (entrepreneurial)
(a) Community (state) and communal (municipal)
enterprises in the stock company are determined by the National
securities and stock market commission, but with the participation of
Public and (or) utilities-National Commission
of the Securities and Stock Market by the approval of the Fund
State property of Ukraine.
5. The creation of a joint stock company is carried out
stages:
1) the adoption of the founders of the founding decision
of the joint stock market and the open (private) placement
Shares
2) submit the statement and all necessary documents to the registration
issuance of shares prior to the National Securities and
The stock market;
(3) Registration by the National Securities and Exchange Commission
stock market share and issuance of temporary certificate of
Registration of shares
4) attribution of an international identification number
Securities;
(5) concluded with the depositary of the securities of the treaty of
maintenance of the shares or with the registration of the named securities
the name of the registry for the registry of the names of the valuable assets
Papers;
6) closed (private) placement of shares among founders
Societies;
7) the payment of the founders of the total value of the shares; {Paragraph 7 of Part 5 of Article 9 with the changes made in
Act N 2994-VI 2994-17 ) 02.02.2011}
(8) Approval of the founding meeting of the society of results
closed (private) placement of shares among founders
society, approval of the statute of the society, as well as adoption of the
Other decisions provided by the law;
9) registration of the society and its charter in the State
Registration;
(10) submission of the National Securities and Exchange Commission
the stock market report on the results of the closed (private)
Place of shares
11) registration by the National Securities and Exchange Commission
the stock market report on the results of the closed (private)
Place of shares
(12) receipt of the state registration certificate
Shares
13) issuing the founders of the documents society, which
Confirm ownership of the stock.
Actions that violate the process of creating a joint-stock
The society established by this Act is a basis for adoption.
National Commission on Securities and Stock Market Decision Making
about refusal to register a report on the results of the closed
(...) (...) In case of making such a decision
National Securities and Stock Market Commission
refer to court with a lawsuit against the liquidation of the joint-stock
Societies.
6. In the case of the establishment of a joint-stock company, one person
the decisions that should be taken by the founders of the founders are accepted
this person is unanimous and decorated with the decision to establish
The company If the only founder of the society is a physical person, its
the signature on the decision to establish a society is subject to
A notarized witness. {Article 9 is supplemented by a part of the sixth under the Law N 2994-VI
( 2994-17 ) 02.02.2011}
Article 10. Establishment of a joint stock company
1. Establishment of a meeting of shareholders should be
held for three months from the date of full payment of the shares
The founders.
Number of founder votes in the constituent assembly
Joint stock is determined by the number of shares of the society
Well, I'm sure they're gonna be the founder.
2. At the founding meeting of the Joint Stock Company,
Question about:
(1) founding of the society;
2) approval of the valuation of the property introduced by the founders in
The payment of the company;
(3) The approval of the statute of the society;
4) the formation of the society bodies;
(5) The authorship of a representative (representatives) for the exercise of a
Further activity on the formation of the society;
6) election of supervisory board members, head of collegiate
Executive Body of the Society (persons who exercise the authority
Society of the Society), members of the
Commission (Auditor);
(7) The approval of the results of the shares;
8) the election of the letter commission; {Part of the second article 10 is supplemented by a new paragraph according to
Act N 2994-VI 2994-17 ) 02.02.2011}
9) committing other actions necessary to establish a society.
3. The decision made in paragraphs 1 to 3 of the second
this article, considered to be accepted if all voted in favour of
The founders of the joint stock company. Decisions on Other Issues
are accepted by a simple majority of the founders ' votes, if not
There is a treaty agreement.
4. In the case of the establishment of a joint-stock company, one person
the solution, listed in part two of this article, are accepted by this
The person is unanimous and the decision to establish
Societies. If the only founder of the society is a physical person, its
the signature on the foundation decisions is subject to the notary
Witness.
Non-approvals by the establishment of a joint stock
society is believed to be the rejection of the founders of this
society and is a basis for the return of the founders of the contributions,
made them into account of the payment of shares. Retrying
is carried out within 20 working days from the date of the installation
of the assembly, which was not decided to approve the statute
Joint stock company.
Article 11. Payment of value of shares by shareholders
Societies
{Position of Part 1 of Article 11 (on the prohibition of payment of
securities of debt emission securities, emitant
In 2015, the following provisions apply to the provisions of the
articles 16 and 18 of the Law N 80-VIII ( 80-19 ) 28.12.2014 in case
The acquisition of the state ownership of additional issues of banks and
The Office of the hosts in exchange for the bonds of the internal
The loan is to see. point 5 of the final provisions of Act N 80-VIII
( 80-19 ) 28.12.2014} 1. Payment of the value of the shares placed during the establishment
A joint stock company, can be carried out by the cash funds,
Securities (other than debt emission securities,
of whom are the founder, and promissory notes), by mayan and maids
the rights, non-material assets, which have a monetary valuation.
Payment of the value of the shares placed during the establishment
shareholding company, cannot be exercised at a cost lower than
from their nominal value.
Payment of the value of the shares placed during the establishment
of the joint stock company, cannot be carried out by way of
Self-commitment to the Society of Works or
Services. {Part of the first Article 11 in the edition of Law N 2994-VI ( 2994-17 )
02.02.2011}
2. Price of property introduced by the Joint Stock Company
The Society, in the payment of the company's shares,
the market value of this property, defined according to Article 8
of this Act.
3. The Costa Founder of the Joint Stock Company must pay
full value of purchased shares before the approval date
listing the first issue of the shares In case of neoplation (incomplete)
Total payment) of the value of the purchased stock before the results
listing the first issue of shares of the stock company is considered
Not based. Up to 50 percent of the statutory capital
society has no right to carry out operations not related to it
falling asleep.
Prior to registering the report on the results of the stock market
has all the rights to be found by the shares other than the right to feel
I'm sorry.
4. Document that certify the ownership of the founder
Stock company on the stock, appears to be after the full
pay the cost of such shares for 10 working days from the date
receiving a company certificate of the State Registration of Release
Shares.
Article 12. Responsibility of the founders
Societies
1. The shareholders of the joint-stock company carry out the solidarity
responsible for related commitments to its obligations,
I'm sorry, I'm sorry. I
2. The Accountable Society is responsible for related
The founding obligations of the founders only in the case of approval of their
See also the general meeting of shareholders. General Shareholders Meeting
approve such obligations of the founders of the society, should be
Held for six months after public registration
Societies.
Information on such obligations of the society should be
is reflected in the society ' s charter.
Article 13. Statute of the Joint Stock Company
1. The established document of the joint stock company is its
Statute.
2. The statute of the joint stock company should contain information
About:
1) full and shortened naming of society in Ukrainian
Language;
(2) Type of society;
(3) the size of the statutory capital;
4) the size of the reserve capital in the case of its formation; {Paragraph 4 of the second Article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
5) nominal value and total number of shares,
of each type of share, including the number of
each class of privileged shares in case of placement
of privileged shares, as well as the consequences of non-compliance with
Payment of shares; {Item 5 of the second Article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
6) the dividend size for privileged shares of each
class in the event of their placement; {Part of the second article 13 is supplemented by a new paragraph according to
Act N 2994-VI 2994-17 ) 02.02.2011}
7) Conditions and order of conversion of privileged shares of a certain
the class or the privileged shares of another class
The class is in the case of placing privileged shares; {Item 2 of the Second Article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
(8) the rights of shareholders-holders of the privileged shares of each
The class is in the case of placing privileged shares; {Item 2 of the Second Article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
9) the presence of preferential rights of private shareholders
Associations to acquire shares of this society
their owner to the sale of the third person, and the order of its implementation
or lack of such a right; {Paragraph 9 of the second article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
(10) the order of reporting shareholders to pay dividends;
11) the order of convening and holding the general assembly;
12) the competence of the general assembly;
13) a way of reporting shareholders to conduct the general
Meeting and changes in the order of the day of the general assembly; {Item 2 of the Second Article 13 in the edition of Law N 2994-VI
( 2994-17 ) 02.02.2011}
14) composition of the society ' s organs and their competence, order
the formation, election and recall of their members and their acceptance of
solutions, as well as the order of changing the composition of the society bodies and
Competence
(15) the procedure for making changes to the statute;
16) order of termination of the society.
3. The Statute of the Joint Stock Company may not be envisaged
Granting the founders of the society of additional rights or powers.
4. The Statute of a Joint Company may contain other
a position that does not contradict the law.

Chapter III
CAPITAL OF THE JOINT-STOCK COMPANY
Article 14. Statutory and proper equity equity
Societies
1. Minimum size of the statutory capital
1,250 minimum wage
the rate of minimum wage acting at the time of creation
(registration) of the joint stock company. The Society's Statutes
determines the minimum size of the company ' s property, which guarantees
the interests of his creditors.
2. Power capital (value of pure assets)-Society
difference between the aggregate value of the company assets and the cost of its
A commitment to other individuals.

{Part of the third article 14 is excluded based on the Law of the
N 2994-VI ( 2994-17 ) 02.02.2011}

4. Method of increasing (decrease) in statutory capital
Joint stock company ( z0858-13 ) set by the National
securities and stock market commission.
5. The Statute of the Joint Stock Company may be envisaged
creation of a special fund to pay dividends for
Privileged shares. How to form and use this
Fund z1205-11 ) is set by the National Securities Commission
and the stock market.
Article 15. Increase of statutory capital
1. The charter capital of the society increases by way of
increase the nominal value of the share or placement of additional
shares of existing nominal value in the order established
The National Securities and Stock Market Commission.
2. Accountable society has the right to increase status
capital after registering reports on the results of the placement of all
Previous issues of stock.
3. Increased status capital of a joint stock company with
Involvement of additional fees is carried out by posting
Additional shares.
The preferential right of shareholders to acquire shares, which further
posted by a society, acting only in the process of private placement
shares and is set by legislation.
4. Increase of the statutory capital of the stock company without
Raising additional contributions is done by promotion
Nominal value of shares.
The stock company has no right to make decisions about
increase of statutory capital by public placement of shares,
if the size of its own capital is smaller than the size of its statutory
Capital.
Increasing the statutory capital of the joint-stock company in case of
The presence of unquated shares of shares is not permitted.
5. Increased statutory capital of society to cover
Damage is not permitted, except in the cases established by law.
{Paragraph 15 of the first part of Article 15 in the edition of the Law
N 4212-VI ( 4212-17 ) From 22.12.2011}
Mandatory condition of increasing statutory capital
The stock company is matching the size of the statutory
capital after its increased requirements stipulated by the
first Article 14 of this Act, on the date of registration of changes to the statute
Societies.
Article 16. Reduction of statutory capital
1. The status of the joint stock company is reduced in
Order established by the National Securities and Exchange Commission
stock market by reducing the nominal value of shares or
through the annulment of previously acquired shares of stock and reduction
of their total number, if it is provided by a charter of the society.
2. After the decision to reduce the statutory capital
The Joint-Stock Authority for 30 days has
written to inform each creditor whose requirements are to
of the joint stock company is not provided with a deposit, guarantee or
I'm sorry, I'm sorry.
3. Creditor whose requirements for the joint stock company are not
provided by the contracts of bail or infringement, within 30 days of
This is a part of the second article.
the message may refer to the Society with a written requirement of
exercise for 45 days of one such measure of choice
Societies: ensuring compliance with the means of making
the contract of bail or infringement, termination or execution
commitment to the creditor if another is not provided by the treaty
between the company and the creditor.
In case the lender has not addressed the lines predicted by this
part, to the association with a written requirement, is considered not
requiring the society to commit additional commitments to the obligations of
before him.
4. Reduction of the joint stock of the statutory capital
below the established law of size has the effect of elimination
Societies.
Article 17. Annulment of shares
1. Accountable society in order ( z1492-13 ),
established by the National Securities and Stock Exchange Commission
market, has the right to annotate the purchased shares and reduce
statutory capital or boost the nominal value of the remaining shares,
not changing with the size of the statutory capital. {Part of the first Article 17 in the edition of Law N 2994-VI ( 2994-17 )
02.02.2011}
Article 18. Consolidation and stock
1. The active society has the right to implement consolidation
all posted shares, resulting in two or more shares
are converted into one new act of the same type and class.
A mandatory condition of consolidation is the exchange of shares of the old
of nominal value for a whole number of shares of the new nominal
costs for each of the shareholders.
2. The Accountional Society has the right to make the splits of all
(a) of which one share is converted into
two or more shares of the same type and class.
3. Consolidation and split shares should not lead to any
change the size of the statutory capital of the joint-stock company.
4. In the case of consolidation or split shares
of the joint stock market will be made available in part
of the nominal value and the number of shares placed.
5. Conduct of consolidation and share
The Society is set up by the National Securities Commission
and the stock market.
Article 19. Reserve Capital
1. Reserve capital is formed at least less than
15 percent of the statutory capital of the society by annual
counting from the company ' s net profit or by
Non-distributed profit. Before the statute is reached
the size of the reserve capital size annual deductions cannot be
be less than 5 percent of the sum of the society ' s net profit over
Year.
2. Backup capital is created to cover damages
associations, as well as to pay dividends for privileged
The shares. Laws may also be provided by others.
the use of reserve capital.
3. An Accountable Society which provides accommodation only
simple stock, has the right to form a reserve capital in order,
This is the first part of this article.
4. An active society that carries out the layout of the simple and
Privileged shares, required to form a reserve capital in
the order predicted by the first of this article. {Article 19 in the edition of Act N 2994-VI ( 2994-17 ) From
03.02.2011}

Chapter IV
SECURITIES OF THE JOINT-STOCK COMPANY
Article 20. Company shares
1. Action by the Society will make the corporate rights of the shareholders
With regard to this joint stock company.
2. All acts of the society are named. Acts of Societies exist
Not in a documentary form. {The second sentence of the second article 20 is to take effect through
thirty months from the day of publication of this Act-see. p.1
the sections of this Act}
3. The stock company can hold shares
two types are simple and privileged. The Society's Statute may
Predicting placement of one or more classes of privileged
shares that give their owners a variety of rights.
Society cannot set limits on the number of
shares or the number of votes behind shares owned by one
The shareholder.
4. Simple shares of the society are not enveloped in
Privileged shares or other securities of a joint-stock company.
5. Part of the privileged shares in the amount of statutory capital
The shareholders cannot exceed 25 per cent.
Article 21. Securities emission
1. An Accountionary Society can carry out the share of the stock only
By decision of the general assembly
The Society can accommodate the placement of other securities,
Apart from the stock, by the decision of the supervisory board, unless otherwise stipulated
His charter. Decision on placing securities on the amount
more than 25 percent of the value of the assets of the society
Total shareholders meeting.
2. Accountable societies are allowed to eat shares and
bonds to transfer the society ' s commitment to securities in
Order established by the National Securities and Exchange Commission
stock market.
Article 22. Price of shares
1. Accountable company makes placement or sales
every stock it bought, at a price, not lower than its market value.
the cost value is approved by the supervisory board, in addition to the case:
Placing stock during the founding of the society;
placing shares during merger, join, division, selection
Societies.
2. Accountable society has no right to place shares for
the price lower than their nominal value. {Article 22 in the edition of Act N 2994-VI ( 2994-17 ) From
03.02.2011}
Article 23. Securities payment
{Position of the part of the first article 23 (concerning the prohibition of payment of
securities of debt emission securities, emitant
In 2015, the following provisions apply to the provisions of the
articles 16 and 18 of the Law N 80-VIII ( 80-19 ) 28.12.2014 in case
The acquisition of the state ownership of additional issues of banks and
The Office of the hosts in exchange for the bonds of the internal
The loan is to see. point 5 of the final provisions of Act N 80-VIII
( 80-19 ) 28.12.2014}