Article 58: Succession in reorganization of legal persons

1. When legal persons are merged, the rights and obligations of each legal person are transferred to a newly established legal person. 2. When a legal person joins another legal person, the latter is transferred to the latter. 3. When a legal entity is divided, its rights and obligations shall be transferred to newly formed legal persons in accordance with the transferable act. 4. In the allocation of one or more legal persons from a legal entity to each of them, the rights and duties of the restructured legal person shall be transferred according to the transfer authority. 5. When a legal entity is transformed into a legal entity into a legal entity, another organizational and legal form of the right and obligation of a restructured legal person to: The rights and obligations of the founders (participants) whose change is due to reorganization shall not be changed with respect to other persons. The rules of article 60 of the present Code do not apply.