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Article 213. Property rights of citizens and legal persons

📅 Updated: 30.09.2026

1. Any property may be owned by citizens and legal persons, except for certain types of property which, according to law, may not be owned by citizens or legally 2. The quantity and value of property owned by citizens and legal persons shall not be restricted, except where such restrictions are established by law for purposes of, and in accordance with, the 3. Commercial and non-profit organizations other than State and municipal enterprises and institutions are the owners of the property. 4. Public and religious property acquired by these entities on other grounds. organizations (units), socially useful funds are the owners of the property they have acquired and can only use it to achieve the objectives of their constituent documents. The founders (participants, members) of these organizations shall cease to be entitled to the property which they have transferred to the property of the organization concerned. Once the claims of creditors have been satisfied, they are used for the purposes specified in its constituent instruments.