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Description
The legal basis for the activities of commercial legal entities, including limited liability companies, is initially conditioned by the right of ownership to some property that is in principle segregated for this legal entity. However, with this kind of segregation, there is an inevitable transformation of ownership rights in the right to a share (interest) in the limited liability company, which leads to the possession of some new organizational and administrative powers in respect of the legal entity, also associated with the possession of the share. Meanwhile, the concept of share remains formally undefined and, moreover, we can talk about the dynamism of the substantive side of this term.
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The legal basis for the activities of commercial legal entities, including limited liability companies, is initially conditioned by the right of ownership to some property that is in principle segregated for this legal entity. However, with this kind of segregation, there is an inevitable transformation of ownership rights in the right to a share (interest) in the limited liability company, which leads to the possession of some new organizational and administrative powers in respect of the legal entity, also associated with the possession of the share. Meanwhile, the concept of share remains formally undefined and, moreover, we can talk about the dynamism of the substantive side of this term.
Reviews