The History of Development of Institutional Instruments in Civil Law of Russia

The article examines the origin and course of the historical development of institutional instruments in Russia. There are four main stages of institutional instruments development. The first phase coincides with the pre-revolutionary period in Russian history and is characterized by the emergence and pervasiveness of institutional contracts. The first half of the twentieth century coincides with the second stage of development of institutional contracts, which became stagnatory. The second half of the twentieth century accounted for the third phase, marked by a continuation of the evolution of institutional contracts and characterized by a qualitative and quantitative leap in advances of institutional instruments. The fourth stage in the development of the institutional contracts coincides with the modern historical period. The article identifies the signs of each stage, describes the emerging institutional contracts therefrom. The article also deals with the role played by institutional instruments in the modern period. It is concluded that the institutional instruments are a way to meet organizational needs of parties to civil law, civil law instrument for planning its future activities, as well as determining factor in the development of legislation in the sphere of organization of interaction of parties to civil transactions.

institutional instruments, the role of institutional instruments, contract, contract of simple partnership, framework contract, articles of incorporation, corporate contract, shareholders agreement, an inter-creditor agreement, agreement on co-authorship

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