Source: https://www.global-regulation.com/translation/romania/3070104/law-no.-36-of-30-april-1991-on-agricultural-companies-and-other-forms-of-association-in-agriculture.html
Timestamp: 2020-05-30 22:23:06
Document Index: 362794319

Matched Legal Cases: ['Art. 2', 'art. 42', 'art. 28', 'art. 4', 'art. 391', 'art. 391', 'art. 7', 'art. 30', 'art 2', 'art. 69', 'art. 64', 'art. 28']

Machine Translation of "Law No. 36 Of 30 April 1991 On Agricultural Companies And Other Forms Of Association In Agriculture" (Romania)
Law No. 36 Of 30 April 1991 On Agricultural Companies And Other Forms Of Association In Agriculture
Original Language Title: ﻿ LEGE nr. 36 din 30 aprilie 1991 privind societăţile agricole şi alte forme de asociere în agricultura
Law No. 36 of 30 April 1991 (* updated *) on agricultural companies and other forms of Association in agriculture (updated March 23, 2015 *) ISSUER-PARLIAMENT------Parliament adopts this law.
Title I General provisions Article 1 agricultural land owners who benefit from the provisions of law No. Land Fund 18/1991, as well as other owners of agricultural land may exploit the Earth and in the forms of Association.
Article 2 forms of simple Association are associations of two or more families under contract by the company, aimed at the exploitation of farmland, livestock, supplies, storage, conditioning, processing and sale of products, provision of services, as well as other activities.
Art. 2 was modified by art. 42 from EMERGENCY ORDINANCE nr. 3 of 18 March 2015 published in MONITORUL OFICIAL nr. 191 of 23 March 2015.
Article 3 the persons referred to in article 1. 1 can constitute and companies according to the law No. 31/1990 on the companies.
Article 4 where land owners are unwilling to exploit them individually nor in one of the forms referred to in article 1. 2 and 3, they may be established in the agricultural firms, which have legal personality under the conditions laid down in title II of this law.
Title II, Chapter 1 of agricultural Societies preliminary provisions Article 5 Agricultural Society is a private society, with variable capital and an unlimited number and variety of Associates, having as object the farm land, tools, and other animals brought into society, as well as the realization of investment interest. The farm may consist of: the Organization and carrying out of reclamation work and the use of machinery and equipment, supplies, and agricultural products and non-agricultural activities and other such.
Agricultural society does not have a commercial character.
In a locality may arise, as appropriate, one or more companies.
Article 6 farm machinery and other Tools, means monetary and material, as well as animals can be brought into society, or its use only when necessary. Agricultural lands are only used by the company, the pastrîndu associations-and the ownership thereof. At the entrance to the agricultural society, movable and immovable property, as well as animals will evaluate to determine the shares subscribed by each Member.
The provisions of article 13(2). 4 and art. 28 para. 1 and 2 of the law of the Land Fund No. 18/1991 shall apply accordingly.
Article 7 obligations of agricultural society established under art. 4 of the present law are guaranteed social heritage, being liable only with their parties.
Article 8 statutes shall determine the conditions for the admission of members into society, the minimum number of associates which may not be less than 10, the share capital consisting of shares of equal value whose size cannot be less than 10,000 lei each, the number of shares that you can have a partner, the assessment of the social parties in the case of the provision in the nature , including the lease of the land.
Article 9 Any associate can make submissions of new shares under the shares initially. He may withdraw from a certain value shares, provided they stay with the minimum of shares permitted by statute.
Chapter 2 establishment of agricultural undertakings in article 10 shall be constituted through the agricultural Societies act writing authenticated by the notary system state and status.
The Act of Constitution will be signed by the founding members, and their signatures and powers will be legalized. This together with the Statute will be submitted to the notary by the representatives of the founding members of society.
Article 11 of the Constitution Act will include required: name of company-company);
b) object of activity;
c) name, surname and domicile of the partners; the amount subscribed and paid by the parties;
d) kinds of liability;
e) the surname and forename of the nominated directors and Auditors;
f) name and surname of the persons who have lawful signature;
g) first and last name associated with persons authorized incorporation formalities.
Article 12 Status will comprise, in addition to those provided for in article 10. 8: the company name-company);
b) activity-activities covered by the listing company and the territorial delimitation;
c) the duration of the company;
d) headquarters;
e) provisions setting up the increase or decrease of the registered capital;
f) mode of social parties subscribed and drawback;
g) the admission, withdrawal or exclusion of members;
h) rules on the designation and operation of the component, Board of Directors, of the Audit Commission, Steering Committee, where applicable, the competences, duties and responsibilities of these bodies;
I) how convening the General Assembly, its deliberation, the conditions of validity of judgements, and the powers of the General Assembly;
j) rules concerning the keeping of accounting;
k) how profit-sharing or losses;
l) how training and record-keeping Reserve Fund, his destination in the event of winding up, the way for the formation of other funds, including venture fund set up for natural disasters;
m) the manner in which they shall be încunoştiinţările under this law, and the laws that it issues;
n) provisions concerning the dissolution and liquidation of the company;
an indoor establishment regulations) undertakings;
p) any other clause of which must result from the provisions of this law and other laws.
Article 13 Through the Act of incorporation and statutes cannot establish special rights for certain associates.
Article 14 agricultural society Company consists of: a) in a name by which to differentiate from any other company;
b) from the words: "Agricultural Society" without contractions;
c) of indicating of its headquarters.
Agricultural companies are not subject to special laws concerning the company.
Article 15 the request for inclusion of the agricultural society, accompanied by the Act of incorporation and statutes, both in 4 copies, is lodged with the Court in Vienna which will take the company headquarters. This is what it will annex and specimen signature of two attorneys who represent it.
Article 16 the President of the Court or a judge designated by him will examine the constituent Act and statutes and, if they meet the conditions laid down in article 21. 11 and 12, will become available through agricultural society, the inclusion in the register reserved exactly for these companies, which will be set up in each District Court, from the date of the present law. From the date of entry of agricultural society acquires legal personality.
The conclusion of the Court will appear in the extract from its headquarters and City Hall on which society is based, will be published in the Official Gazette of Romania.
From the date of posting, the company becomes public and relied on everyone, subject to the requirements laid down in article 23. 17. Article 17 in the register of agricultural companies opt for each company: the company, and subject) headquarters;
(b) type and limits of liability) members;
(c) the size of the social parties), the period within which payments shall be made;
d) number of administrators and the clauses of the statute which limited their powers, as well as provisions relating to the obligation of the society by signature;
s) first and last name as well as directors, first and last name of those who have the social signature; name and surname of the auditor;
f) duration.
A copy of the statutes shall remain in court and will keep their file, what will you separately for each company.
In the registry, to match each company, it will make reference to the folder that includes its acts.
The files and records of the Court shall keep separate, archived and preserved without term.
Article 18 persons may inspect the register and the documents. Upon request, the Court will release copies of the botched and acts.
Article 19 appeals court will issue a certified copy agricultural society on completion of enrollment and two copies of the Constitution and bylaws, certified.
Associations may obtain, at their own expense, copies of papers referred to in paragraph 1. 1. Article 20 all acts for the establishment of agricultural companies, as well as display advertising are exempt from any charges for a period of one year from the date of entry into force of this law.
Legal assistance before the Court's judgment is not binding.
Article 21 Founders, administrators and everyone who, prior to the formation of the company, working on its behalf, assumes personal liability, jointly and severally, and unlimited for all obligations incurred.
Article 22 any modification of the Statute shall be determined by the General Assembly. It is not relied on as against third parties than after formalities for entry in the register of agricultural societies, to match the corresponding means of court and after fulfilment of requirements provided for in art. 391. 2.
The provisions of paragraphs 1 and 2. 1 are applicable accordingly and if changes have occurred in the person of administrators and Auditors. Persons who acquire a new signature social submit, in connection with the formalities of changing Court, specimens of the signatures.
Article 23 the provisions of art. 391. 2 with regard to the advertising of the company cannot be invoked by third parties who knew about the existence of this company.
Article 24 of the agricultural Firms can establish, on the basis of the decision of the General Assembly, one or more branches or subsidiaries in any place, but only under the condition that they are entered. The provisions of article 16 and 17 are applicable accordingly.
Chapter 3 About associates. Their rights and obligations in article 25 quality of agricultural society associate is acquired through subscription of the instrument of incorporation or, as the Constitution by signing a declaration.
The statement must be entered through the data that identifies the person who makes it, society, firm surface of agricultural land brought into use, animals, machinery, and other goods, including claims, with which holders enter into society, and social value of the number of parties to be subscribed the amount disbursed on behalf of the parties entered into and the date of the Declaration.
Article 26 with the Declaration, the signatory shall, at the company's cashier, vărsămîntul provided for in the Statute.
Article 27 application for entry, written statement, please, solve by the founders or, where appropriate, by the Board of Directors. In case of rejection or unsolvement within 20 days, he who counts the wronged can seek General Assembly that is required to resolve the case at its first meeting. The decision of the general meeting is final.
Application may not be rejected for reasons set out in the statutes.
Article 28 Associate admitted responsibility for the obligations of the company, before his entry under the provisions of art. 7 of the present law, proportional to the benefit achieved.
Article 29 of the exiting shares may not be transferred, pledged or tracked, as long as the weather as well as quality.
Article 30 status of associated withdrawal ceases through, exclusion, alienation under any legal form of land brought into use, or his death.
Withdrawal from society is done upon request. Following the withdrawal, the owner of the redobîndeşte of the land use right to the end. Shares shall be released under the conditions laid down in articles 81 and 82. 34. Article 31 an associate cannot be excluded from society than for the reasons set out in the Statute and under the conditions laid down by it. The exclusion of the General Assembly, on the proposal of the Board of Directors.
Exit exiting the exclusion from society through it counts to be the last day of the financial year, and the excluded lose right from the date of exclusion to take part in the General meetings or to have any function in the agricultural society of the time to enjoy the rights that are conferred by statute.
Article 32 the quality of associated ceases through alienation of land, under art. 30, the date when it was notified of the General Assembly.
The provisions relating to the prohibition of disposal, the movement of land, including those relating to the exercise of the right of pre-emption, the Land Fund of the law nr. 18/1991 am and remain applicable.
Article 33 associate membership shall cease on the date of the death of the latter, by establishing the rights of heirs according to the law, on the basis of the balance sheet at the end of the financial year ended.
Article 34 the company is obliged to reimburse the shares of members quit in any way that will add or subtract the part due from the company's profit or loss according to the balance sheet approved by the General Assembly for the year in which he ceased membership.
The provisions of article 30 paragraph 2. 2 remain applicable.
Article 35 the company is entitled to withhold dues from the former associate amounts due, irrespective of scadentele debts.
The right of retention referred to in the preceding paragraph constitutes a privilege of society and he imparts its a preference against any creditor, the pursuer or transferee, regardless of the date of their claim.
Chapter 4 management of agricultural society Board of Directors Article 36 company administration is done by the Board of Directors. The number of Board members must be at least three, but not more than 13, chosen from among associates.
Members of the Board of Directors shall be Romanian citizens, should not be placed under interdiction, or deprived, judicial, civil and political rights and not be condemned for crimes against heritage times service offences.
If you were elected, though they are deprived of that quality, the finding will be made by means of a report of the Board of Directors.
Forfeiture may not be opposed to third parties of good faith who have contracted with the company.
Article 37 the Board of Directors is elected by the General Assembly, on a specific term, its members may be to cancel under the Statute.
Members whose term of Office has expired can be reappointed if the Statute provides otherwise.
Article 38 the Board of Directors may elect, if necessary, the Steering Committee, of which I can do and people who are not members, as provided by statute.
The Board of directors or, where appropriate, the Steering Committee, where there is justice, and represents the company towards third parties, stressing that the mandate of representation of any associate or a person who is not a member of the Council.
The persons empowered shall be responsible to society for acts committed in excess of the mandate.
Administrators perform personal business without being able to give power of attorney to another person.
Those who do not have a social signature can yield or transmit.
Article 39 the Board of Directors hires and dismiss the employees of the company.
Article 40 Board of Directors will elect from among its members a Chairman and a Vice-Chairman, who shall not be able to be cashiers, accountants or of society. In the absence of the President and Vice President, the President will be exerted by the age of the members of the Board of Directors.
Article 41 For the validity of the Board's deliberations is required the presence of at least half plus one of the Admins. The decision shall be adopted by a majority of 2/3 of the votes of those present.
Article 42 the administrators have the right to remuneration or other benefits of any kind, unless this is provided for in the Statute.
Article 43 of third parties of good faith cannot oppose than limiting the powers of administrators, as envisaged in the Statute.
Article 44 the Board of Directors is obliged to keep the following records: (a)), in which registry inventory will highlight at the beginning of the company's officials and then each year, a detailed description of the land, livestock and other evaluation of movable and immovable property, including claims;
(b) the register of members,) who will sign up: name and surname and place of residence, as well as members, date of entry and withdrawal or exclusion, shares for each of the payments made and shares withdrawn;
c) register for the meetings and decisions of the General Assembly, with the minutes of each meeting;
d) register for the meetings and decisions of the Administrative Board, with the minutes of each meeting;
e) registry and classification decisions, meetings with minutes of each meeting;
f any other workbooks) provided by law.
The agricultural company is obliged to keep all acts of management of the company.
All agricultural societies records are exempt from any fees and postage stamp provided for in law, taxes on legal acts and deeds and any other laws.
Article 45 mandatory Registries will be numbered and initialled on each page by an administrator authorized by the Board of directors or Steering Committee, on his responsibility.
On the last page, the administrator will ascertain the number of tabs that they comprise each, will sign this finding, using and stamp society.
Article 46 Registers shall be kept in Romanian language in order of each operation, without leaving any white place without removal or addition; You can make îndreptări and erasures if need arise, but they will only do so as numbers and words directed or deleted to be readable.
The company is obligated to keep for 10 years after the last transaction records, letters and Word, and bills for at least 5 years.
Article 47 Administrators are indebted to establish annual review and submit it to the Auditor, along with the profit and loss account and all supporting documents, at least 15 days before the day fixed for the general meeting.
The balance sheet shall be drawn up according to the law.
Article 48 within 15 days from the date of holding the annual general meeting, which must take place at a later time until March 15, the company's managers are obliged to submit to the Court, to be attached to the company, the following: a copy of the balance sheet) attached to the profit and loss account and report;
b) copy of the minutes of the General Assembly;
c) list members enter and exit the company during the year, with the amount subscribed by each social parties.
The same documents will be submitted to the General Directorate of public finance judeţeana or Bucharest within which it operates.
Article 49 Managers are jointly and severally liable to the company: a) to the actual payments made by the associates;
b) cultivating the land and protecting the environment according to legal regulations;
(c) the actual existence) of profit distributed;
d) existence of registers required by law and the correctness and regularity of registrations;
It's just execution) of the General Assembly;
f) strict duties which the law and the statutes and not having the character of a special and personal tasks.
Responsibility for acts or omissions not for stretching and to those administrators who are not the guilty party.
The administrator who, in a determined operation, either in name or personally or as a representative of another, contrary to the interests of society's interests, you have to încunoştiinţeze about this on other administrators and Auditors ' and on abstain from any deliberation concerning this operation. The administrator who contravenes this provision is liable for losses that will result for society.
Article 50 civil Action against administrators, for facts regarding their responsibility, belongs to the General Assembly.
From the time the General Assembly decided in judgment, putting their meaning, administrators and the General Assembly must choose other Admins.
Liability of Trustees does not cease through the approval of the balance sheet nor by downloading what is given to them by the annual general meetings.
Censors Article 51 the General Assembly shall elect each year from among the partners, from one to three censors and from one to three censors replacements. They can establish a fixed allowance, if the Statute provides for it.
Article 52 the audit cannot be elected and if you still have chosen from their functions, meaning: a) employees of the company;
b) Trustees until relatives third degree inclusive, as well as their wives or husbands;
c) those who find themselves in the conditions laid down in paragraph 1. 2 and 3 of article 10. 36. In case of vacancies, censors alternates, after years, replace those holders.
If using the alternates cannot complete the number of Auditors, those left will make the necessary cooptările, but all of the associates.
Article 53 the censors are obliged: a) to establish, in agreement with the managers of the company and according to the provisions of law, the balance and form parties;
b) to examine, at least every three months, the records of the society, to get knowledge of financial operations and certifying that the basis are well maintained;
c) to make periodic and unannounced cashier control and, in any case, at least once a quarter;
d) to check at least once a month through the middle of the social existence of securities registers or absolute values of all kinds in keeping society;
e) to verify the fulfilment of the provisions of the Constitution and bylaws regarding the conditions required for this to members in general meeting;
f) to review the balance sheet and make the report at least eight days before the date of the general meeting;
g) to oversee the operations of the liquidation;
h) to convene the general meeting according to the law and the statutes;
I) attend all general meetings and to ensure that the provisions of the law, of the instrument of incorporation or the bylaws to be complied with by administrators.
The Auditors may attend meetings and make administrators to insert in the agenda of these meetings and the meetings of the General proposals will at its sole discretion.
The censors shall deliberate in a Committee meeting, at which the participating staff and decide with simple majority.
If you can't meet the majority report for checking the balance will be made separately by each trustee.
Inspections and control will be made and every trustee.
The Auditors are responsible to society, that any nominee, how they have fulfilled their mandate.
Chapter 5 General Assembly Article 54 general meetings are ordinary and extraordinary.
Article 55 ordinary General Assembly will convene at least once a year, and the extraordinary general meeting whenever the need arises.
Timing procedure and formalities required shall be established by statute.
Article 56 the General Assembly can take decisions valid in the presence of at least 2/3 of the members. The statutes may set and a larger number. Judgement shall be passed by simple majority, if the Statute provides otherwise.
If you do not meet the number requested, the General Assembly will keep you within a time limit fixed by statute, may take valid decisions with the number of those present, but only over matters which were included in the agenda of the first convocation.
Article 57 Change of the object of the company, as well as the dissolution of society cannot be determined by the General Assembly who took part 2/3 of the total number of members, the decision must be made by a majority of at least 2/3 of the members present.
Article 58 the duties of the General Assembly are the following: a) to examine and approve or modify, after auditor will be listened to, balance sheet, income and expenditure budget and the draft allocation of surplus times the damage;
b) fix the maximum amount up to which the Management Board may represent the company during the year;
c) set maximum limit up to which they can lend to a foreign person or to an associate of the company, if the Statute allows such operations;
d) to establish, if appropriate, a proposal from the Board of Directors, the Organization of production on farms, sectors or other functional compartments;
e) to approve the structure of crops that are însămînţa, the employment and the implementation of agricultural works, retehnologizările and investments, and imports of goods, agricultural products and other operations related to the productive activities of the company;
f) to decide on the removal of any of the members of society and those whose applications have been refused enrolment as defined in the Statute; the General Assembly may not postpone or deny withdrawal requests;
g) to elect members of the Board of Directors and the Auditors;
h) to discuss the reports;
I) decide to bring action for damages against directors;
j) to decide on the merger with other companies;
k) to decide on the amendment or supplement the Statute;
l) to decide on the dissolution of the company or change the objects;
m) to decide any other measures needed in the spirit of the Statute.
Article 59 Any resolution of the general meeting may be contested in court, if it is contrary to the law or the statutes, except as provided for in article 10. 27 of this law.
Article 60 can make any opposition, as well as associate present at the general meeting, has protested against the judgement passed in the minutes and any associated absent if it has been stopped for reasons justified to take part in the General Assembly, or if the notice of opposition did not state in detail in rule convening or issue has not been included in the agenda.
Article 61 the annulment of the decision of the general meeting by the Court shall be effective with respect to all associates. Decision on cancellation shall be entered in the register of agricultural companies to match that, if the decision of the General Assembly and had been recorded.
Article 62 each Member has one vote, irrespective of the parties ' social value it holds.
A member can be represented in the General Assembly only by another associate.
A trustee may not represent the same General Assembly than a single shareholder, or personal right out.
Article 63 minutes of the General Assembly relating to the amendment of the Statute shall submit three copies of the Court, which will assess the performance of the same formalities as the formation of the company.
Chapter 6, Dissolution and liquidation of the agricultural firms merger Article 64 agricultural Society dissolve: a) on the expiry of which it is formed;
b) impossibility of achieving the object of the company;
c) on completion of the work;
d) through number of members, if withdrawal of those remaining is less than that provided for in the staff regulations and in this law;
e) by the decision of members;
f) if the company makes transactions contrary to the law or the object set pin status.
In the cases referred to in points. a)-(e)), the dissolution of the General Assembly, and in the case referred to in subparagraph (a). f) by the decision of the District Court where he was registered at the Ministry of finance to refer to bodies or the Prosecutor.
The decision of the General Assembly and, as appropriate, the Court shall enter in the register of agricultural societies and published pursuant to article. 391. 2 of this law.
Article 65 After made the company going into liquidation, under art. 69 of this law.
From the time of the dissolution, administrators can no longer perform new operations, under penalty of personal responsibility and support.
Article 66 the merger of several agricultural societies shall be determined by the extraordinary General Assembly of each, with a majority of 2/3 of the associate members.
Each of the companies who decided the merger decision must enroll in the register of agricultural societies and take action to show them in the article. 391. 2. At the same time, each company will make agricultural tribunals last balance sheet approved by the General Assembly, as well as a statement on how it was determined to extinguish the liability.
Balance sheet and statement shall be published pursuant to article. 391. 2 of the Act.
When the company resulting from the merger shall draw up its headquarters in another district judges than where they had their headquarters companies were merged, the new company will proceed to enrollment status according to the law.
Article 68 the fusion does not produce effects than after a month has passed since the formalities provided for in the previous article.
During this time, any creditor can make opposition to the Court, whose decision is final.
As long as the opposition is not rejected or withdrawn, the execution of the merger shall be suspended.
If the time limit has expired without opposition, the merger is final.
Through the merger, the resulting company takes over all rights and obligations of undertakings which have concluded.
Article 69 in the event of dissolution of the company, its liquidation shall be carried out by two liquidators appointed by the General Assembly, and in the case of art. 64 lit. (f)), by the Court.
The provisions of the preceding paragraph shall also apply in the case of revocation and appointment of other liquidators.
The appointment of liquidators, particulars and their revocation has to be entered in court, once the decision is made.
Article 70 the liquidators have the same responsibility as administrators.
Until the appointment of liquidators, and accepting unless ordered otherwise by the Act of dissolution, administrators are storing goods and forced to give urgent Affairs course. They are owed as throughout the liquidation to give their competition when these liquidators would ask him.
Article 71 rules for All agricultural societies shall apply and the period of liquidation, if they are not incompatible with liquidation.
All acts emanating from a company dissolved must show that it is "in liquidation".
Article 72 Liquidators, immediately after their entry into function are required, together with the managers of the company, to complete an inventory and a balance sheet signed and some others, stating the exact situation of the assets and liabilities of the company.
Subject to the restrictions laid down in the statutes or laws, appointing liquidators: has) is a company;
(b) comply with all the necessary operations) of the liquidation;
(c) any goods sold) movable or immovable property of the company, with the approval of the Court;
d) validated and receives any receivables, payroll giving liberatorii;
e) transactions and other acts of compromise;
f) signs and incur bond loans and cambial generally fulfil the necessary paperwork.
The liquidators which conclude new operations who are not necessary for the purpose of the liquidation shall be responsible personally and jointly and severally for operations undertaken.
Article 73 the liquidators who, with their own money, they paid their debts to society, they will not be able to exercise their rights against members higher than those that it is necessary to pay creditors.
Article 74 if you liquidate the liquidators will draw up lasts in the black every year, supunînd of the General Assembly and the balance sheet is drawn up on entry into service.
The liquidators will draw up the final balance sheet, indicating what is appropriate for each part in the social society.
Article 75 balance sheet signed by the liquidators, accompanied by the auditor's report, will be filed at the registry of the Court of Justice, which will immediately make mention of this filing in the registry of agricultural societies.
For 30 days from the entry above is shown to be able to do any associated opposition to court, reading is the liquidators.
After expiry of the 30 days, all oppositions will meet and settle by the decision.
The decision is final and has the authority of res judicata and toward those who did not.
After the period of 30 days, without having to be made, the balance sheet is approved by all counts, and Associates liquidators are subject to liberaţi, the distribution of assets between associates.
Any allocation between associates and any advance payment cannot take place before 6 months have turned to display the judgement of dissolution of the company and only after final accounts remained permanently in the manner indicated in the preceding paragraph.
Article 76 the sums due to members, which were not presented to le wax within two months from their retention, will be submitted to the C.E.C., exiting with the name appearing on his side, and to be paid to those entitled.
The amounts would be appropriate for the contested claims will be submitted to the C.E.C. until completion of litigation that would continue after the termination of the company.
The amounts have not been claimed by creditors or who, for any other reasons, have not been able to pay will be submitted to the C.E.C., appearing for each creditor what amounts due them.
Article 77 after completing distribution between associates and depositing amounts referred to in the previous article, the company registers must be filed and preserved at the Court for 10 years.
The liquidators will ask for deletion of the company from the register of agricultural societies.
Chapter 7 transitional and final Provisions Article 78 Companies incorporated and its writing in accordance with this law, adopt the name the words "agricultural society" and enjoy the advantages conferred by laws of agricultural societies.
Article 79 agricultural land owners can use in their own households or in the forms of Association, as well as in agricultural societies, labour force employment, with due regard for the legal provisions.
Article 80 Intake with participating in agricultural cooperative society of former members who opt, under art. 28 of law No. 18/1991, setting it up, the balance shall be determined on the basis of concluded on 31 December 1990, following it to be corrected, according to findings made by the Board of liquidation.
Article 81 on the date of entry into force of the present law shall repeal the State Council Decree No. 346 of 28 September 1977 approving the Statute of the cooperative organizations of agriculture, published in the Official Gazette, part I, no. 105 of 4 October 1977, Council of State Decree No. 93/1983 approving the statutes of the farming organisations, published in the Official Gazette, part I, no. 13 of 28 March 1983, as well as any other provisions to the contrary.
This law was adopted by the Senate at its meeting on 18 April 1991.
Academic SENATE PRESIDENT ALEXANDRU BÂRLĂDEANU this law was adopted by the Assembly of deputies at its meeting on 22 April 1991.
The PRESIDENT of the ASSEMBLY of DEPUTIES MARTIAN D under article 13. 82 lit. m) of Decree-Law No. 92/1990 to elect the Parliament and President of the agricultural societies Act promulgăm and other forms of Association in agriculture and we have its publication in the Official Gazette of Romania.
ROMANIAN PRESIDENT ION ILIESCU--
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