Article 113: Basic provisions for a unitary enterprise

1. A unitary enterprise is recognized as a commercial organization that does not have ownership of the property assigned to it by the owner. In the form of a unitary enterprise, public and municipal enterprises may not be allocated by deposit (salaries, shares), including among employees of the enterprise. In the cases and in accordance with the procedure provided for in the Law on State and Municipal Unitary Enterprises, a unitary unit may be established on the basis of State or municipal property. 2. The property of a State-owned or municipal unitary enterprise is and is owned by the State-owned or municipal-owned enterprise. The rights of the unitary enterprise to the property attached to it are determined in accordance with this Code of State Law. 3. The founding document of a unitary enterprise is its statute, approved by an authorized State body or a local authority itself. The statute of the unitary enterprise shall contain information on its trade name and location, object and purpose. 4. The name of the unitary enterprise must also contain information on the size of the statutory fund of the unitary enterprise. The name of the business must also indicate that such an enterprise is a punishable enterprise. 5. The organ of the unitary enterprise shall: I am the head of an enterprise, who is appointed by the authorized owner, unless otherwise provided by law, and is accountable to him. The unit enterprise is not liable for the obligations of the owner of its property. The owner of the property of the registered enterprise does not meet the obligations of his unitary enterprise. 7. The legal position of unitary enterprises is determined by this Code and the Law on State and Municipal Uniting Enterprises. 8. A unitary enterprise may be reorganized in accordance with the law on State and municipal unitary enterprises and privatization laws.