Saturday, February 2, 2008

VII RIGHTS AND OBLIGATIONS OF THE FOUNDER

VII RIGHTS AND OBLIGATIONS OF THE FOUNDER

Article 23

Founders have rights and obligations established by this contract, the constitution of the society and the law of economic society.
par24

The rights of the society members are:
- to control directly the business of the society, have an insight into business books , material and goods supplies, financial documents, treasury business and other documents.
- to appoint and acquit the administration of the society, the director or deputy of the society.
- to establish the business policy, and changes and additions of the articles
- to introduce articles, and changes and additions of the article
- to determine the annual and semi-annual statement.
- to shave the gain in propotionality with their parts and decide by agreement about eventual re-investing of the gain.
- to decide about increasing or decreasing of the main capital.
- have the right of priority to buy the part of the member who is living or excluding oneself from the society.
- to decide about the status changes of the society formations, cessation or liquidation of the society.
- to introduce normative provision of the society.
The obligations of the society are:
-to carry out conseintiously the functions in the administration of the society (iff they are apponted)
-to fulfill other obligations towards the society,which go back to the law,the contract about the foundation and the constitution.The members are responsible up to the amount of their deposit.

Article 23

Founders have rights and obligations established by this contract, the constitution of the society and the law of economic society.
par24

The rights of the society members are:
- to control directly the business of the society, have an insight into business books , material and goods supplies, financial documents, treasury business and other documents.
- to appoint and acquit the administration of the society, the director or deputy of the society.
- to establish the business policy, and changes and additions of the articles
- to introduce articles, and changes and additions of the article
- to determine the annual and semi-annual statement.
- to shave the gain in propotionality with their parts and decide by agreement about eventual re-investing of the gain.
- to decide about increasing or decreasing of the main capital.
- have the right of priority to buy the part of the member who is living or excluding oneself from the society.
- to decide about the status changes of the society formations, cessation or liquidation of the society.
- to introduce normative provision of the society.
The obligations of the society are:
-to carry out conseintiously the functions in the administration of the society (iff they are apponted)
-to fulfill other obligations towards the society,which go back to the law,the contract about the foundation and the constitution.The members are responsible up to the amount of their deposit.

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