Federal Law from February 8, 1998 of No. 14-FZ

ON LIMITED LIABILITY COMPANIES

The present Federal Law defines the legal status of a limited liability company, the rights and duties of its partners, the procedure for the creation, reorganisation or liquidation of a company in conformity with the Civil Code of the Russian Federation.

The specific features of the legal status, the procedure for the creation, reorganisation or liquidation of a limited liability company in the spheres of banking, insurance and investment, and also of the agricultural production shall be determined by federal laws.

Relations connected with making by foreign investors, or a group of persons that includes a foreign investor, transactions in shares constituting the authorised capital of a limited liability company which is of strategic importance for ensuring the country's defence capacity and state security and with institution of control over such companies by foreign investors or by a group of persons which includes a foreign investor shall be regulated in compliance with the provisions of the Federal Law on the Procedure for Making Foreign Investments in Economic Companies Which Are of Strategic Importance for Ensuring the Country's Defence Capacity and State Security.

 

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