Article 123.24: Basic provisions for an autonomous non-profit organization

1. An autonomous non-profit organization shall be recognized as a unitary non-profit organization without membership and established on the basis of the property contributions of citizens and (or) legal persons for pre-existing purposes. An autonomous non-profit organization may be created by one person (may have one or more of its own). 2. The statute of an autonomous non-profit organization shall contain information on its name, including the words «autonomous non-profit organization», location, object and purpose 3. Property transferred to an autonomous non-profit entity It is the property of an autonomous, non-profit organization. The founders of an autonomous, non-profit organization do not retain rights to property transferred by them to 4. Founders do not respond to the obligations of an autonomous, non-profit organization created by them, and they do not respond to the obligations of their founders. 5. An autonomous non-profit organization may only use its services on equal terms with other persons. This is necessary to achieve the goals for which it is created and in line with those objectives, by creating or participating in business societies. 6 A person may, at his or her discretion, withdraw from the founders of an autonomous, non-profit organization, by the decision of the founders of an autonomous, non-profit organization adopted unanimously, to be a member of it. 7. An autonomous non-profit organization may be transformed into a fund upon the decision of its founders. The equal status of autonomous non-profit organizations and the rights and obligations of their founders are established by law.