Article 90. Fixed capital of a limited liability society

1. The statutory capital of a limited liability society (art. 66.2) is derived from the nominal value of the share of the participants. the obligation to pay for a share in the statutory capital of a society: payment of the statutory capital of a limited liability society, while increasing the statutory capital by setting off the requirements of the 3. The statutory capital of a limited liability society shall be paid by its members within the time period specified in the Law on Limited Societies. The consequences of the violation by members of society of the time limits and the payment of the statutory capital of the society are determined by the Act on Limited Societies. 4. If, at the end of the second or subsequent fiscal year, the value of the net assets of the limited liability society is m Less than its statutory capital, society is obliged, in accordance with and within the time limits provided by the Law on Limited Societies, to increase the value of net assets to the size of the statutory liability. If the value of the stated assets of the society is less than the statutory minimum cap determined by law 5. A reduction in the statutory capital of a limited liability society is permitted upon notification to all its creditors. The rights and obligations of creditors of credit organizations and non-credited financial institutions, with respect to the termination or performance of the relevant obligations of the society and its damages. 6. The institutional and legal form of a limited liability society is also determined by the laws governing such organizations. allowed after full payment of all its shares.