Institution - Business Law

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Not for profit
Zhanat Alimanov, assistant professor
Terms
1.
Institution - учреждение
2.
Public Union – общественное объединение
3.
Public Fund – общественный фонд
4.
Consumer cooperative – потребительский кооператив
5.
Religious Union – религиозное объединение
6.
Association - Ассоциация
Plan (state enterprises)
1.
Institution
2.
Public Union
3.
Public Fund
4.
Consumer cooperative
5.
Religious Union
6.
Association
BY GOAL
For profit Legal Entities
Non-profit Legal Entities
State Enterprise
Public Associations
Production
Cooperative
Public Funds
Business
Partnerships
Religious Associations
Corporations
Consumer Cooperatives
Business Unions
Institutions/Учреждения
I. Institution
What is
Institution?
Let’s look at the
Civil Code.
I. Institution
What are
its peculiarities?
I. Institution
What are
its peculiarities?
1.
2.
financed by its
founder
Not for profit
II. Not for profit
What is
Public Union?
Let’s look at the
Civil Code.
II. Not for profit
What are
its peculiarities?
Example, IDC?
Example
Let’s assume that Gulmira,
Yerlan & Ozhet founded
Intellectual Debate Club of
KIMEP.
Yerlan & Ozhet gave KZT 300 to
the Club. Gulmira gave her
laptop, invested KZT 300,000 to
the Union.
Example
Ozhet & Yerlan would like to fire
Gulmira, and appoint
themselves officers, and
manage all money.
Gulmira says that it is her
money. They invested only KZT
600 altogether, and they cannot
dispose her money.
Can Ozhet & Yerlan fire Gulmira
& spend all money?
II. Public Union
What are
its peculiarities?
(1) one member = one
vote, irrespective of
Investment
(2) cannot divide profit
(3) only physical people
BY GOAL
For profit Legal Entities
Non-profit Legal Entities
State Enterprise
Public Associations
Production
Cooperative
Public Funds
Business
Partnerships
Religious Associations
Corporations
Consumer Cooperatives
Business Unions
Institutions/Учреждения
III. Public Fund
What is
Public Fund?
Let’s look at the
Civil Code.
What legal form?
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
University
High School
Private School
Kindergarten
Nur Otan
University
STO
Boutique in the Car City
Soyuz Atameken
Bank
Pension Fund “Grantum”
KazMunaiGas
Kimep
What legal form?
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
High School - Institution
Private School – LLP or institution
Kindergarten – institution or LLP
Nur Otan – Public Union
University – Inst-n or Corp-n
STO – Indiv. Entrepreneur, LLP
Boutique in the Car City – IE, LLP
Soyuz Atameken - Association
Bank - Corporation
Pension Fund “Grantum” Corporation
KazMunaiGas - Corporation
Kimep - Corporation
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