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Commercial Corporate Legal Entities: Ways of Improving the Russian Legislation

https://doi.org/10.17803/1994-1471.2020.111.2.070-078

Abstract

The article examines five organizational and legal forms of commercial corporate legal entities: economic partnerships, economic societies, peasant (farming) entities, partnerships and production cooperatives. Some problems of their legal status and activity have been determined. Suggestions for changing the current legislation regulating the forms of legal entities under consideration have been put foreward: 1) It is necessary to abolish a general partnership by improving a partnership in commendam where the participation of partners is not obligatory; such a legal entity must be renamed to “business partnership;” legal rules regulating a full partnership should be abolished. The maximum number of legitimate partners should be increased to 30. It is necessary to replace a memorandum of association by articles of association; 2) Federal Law of July 19, 1998, No. 115-FZ “On features of the legal status of joint-stock companies of workers (people’s enterprises)” should be abolished; 3) The new wording of Para 2 of Art. 66.3 of the Civil Code of the Russian Federation has been formulated: “A joint-stock company which does not meet the criteria specified in Para 1 of the Article shall be recognized as non-public;” 4) It is necessary to eliminate duality of a legal status of a peasant (farmering) entity by amending Art. 86.1 of the Civil Code of the Russian Federation, as well as the Federal Law of June 11, 2003, № 74-FZ “On a peasant (farming) entity” with an indication of the possibility of formation of such a business organization only as a legal entity.

About the Author

Yu. V. Sakharova
Ivan Petrovsky Bryansk State University
Russian Federation
Cand. Sci. (Law), Associate Professor, the Department of Civil Law Disciplines

ul. Bezhitskaya, d. 14, Bryansk, Russia, 241036



References

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For citations:


Sakharova Yu.V. Commercial Corporate Legal Entities: Ways of Improving the Russian Legislation. Actual Problems of Russian Law. 2020;15(2):70-78. (In Russ.) https://doi.org/10.17803/1994-1471.2020.111.2.070-078

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ISSN 1994-1471 (Print)
ISSN 2782-1862 (Online)