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Article 59: Transmittance Act

📅 Updated: 30.09.2026

1. The transferable act should contain provisions on succession to all obligations of the reorganized legal entity with respect to all its creditors and debtors, including obligations, challenging the We are the parties, as well as the procedure for determining succession in connection with changes in the type, composition, value of property, formation, modification, termination of rights and obligations of the organized legal profession. 2. The transfer document shall be approved by the founders (participants) of the legal entity or by the authority which decided on the transfer document. and is submitted together with the constituent instruments for the State registration of legal persons created as a result of the reorganization or the introduction of changes in the teaching system Failure to submit, together with the constituent documents of the transfer document, and the absence of provisions on succession to all the obligations of the reorganization The State registration of legal persons created as a result of the reorganization is refused.