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Federal Law No. 73-FZ regarding amendments and addenda to the Federal Law No. 193-FZ on agricultural cooperation.

Country/Territory
Russian Federation
Document type
Legislation
Date
2003
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Smallholders/peasants
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Entry into force notes
The Federal Law enters into force from the date of its official publication.
Abstract

Paragraphs 4 and 5 of the article 1 acquire a new wording: “Member of a cooperative is a natural person for production cooperatives or legal person for consumer cooperatives conforming to the requirements of the present Federal Law and the statute of cooperative, who has deposited share in accordance with the established modalities, admitted into cooperative with the right of vote and held responsible for subsidiary liability of the cooperative; associated member of a cooperative is a natural or legal person who has paid deposited share entitling him to derive dividends, incurring risk of losses connected with the activity of cooperative within the limits of its share and having the right to vote taking into account the limits imposed by the present Federal Law and the statute of cooperative.” Paragraph 7 of the Article 10 must be considered paragraph 4 and the wording “neither one of the agricultural organization nor peasant farms” must be substituted with the wording “neither one of production cooperatives”. Article 11 must be supplemented with paragraph 4 of the following wording: “Alteration of the number of the members of cooperative of associated members of cooperative, as well as alteration of the entrance share of cooperative is not considered grounds for making amendments to the statute of cooperative.” In the paragraphs 2, 7 and 9 of the Article 41 the wording “and (or) peasant farms” must be excluded.

Full text
Russian

References - Legislation

Amends

Federal Law No. 193-FZ on agricultural cooperation.

Legislation | Russian Federation | 1995

Keyword: Cooperative/producer organization, Non-governmental entity, Basic legislation

Source: FAO, FAOLEX