CIVIL LAW REGULATION OF THE STATUS OF BUSINESS PARTNERSHIPS
DOI:
https://doi.org/10.54251/2522-4026.2025.1.019auKeywords:
law; organizational and legal forms; legal entities; entrepreneurship; business partnership; governing bodyAbstract
This article discusses the provisions of civil law regulation of the status of business partnerships in the Republic of Kazakhstan. In the world, in the context of the rapid transformation of civil turnover, much attention is paid to the creation of entrepreneurial groups that can respond to the needs of both their founders and the interests of third parties. So business partnerships can be established and function only in accordance with the legislation of the Republic of Kazakhstan. Only the legislation of the Republic of Kazakhstan can determine the content and scope of the rights of participants in business partnerships, procedure and conditions for the formation and use of property of business partnerships, reorganization and liquidation of business partnerships and other aspects of the realization of the legal capacity of legal entities created in different organizational and legal forms. When considering the status of business partnerships, we came to the following doctrinal definition of a full partnership: "A full partnership is a legal association in which the participants (full comrades) act under a single corporate name and perform legally significant actions on behalf of and for such an association, and bear unlimited responsibility for the obligations of the association." In our opinion, effective legal regulation of the functioning of the status of business entities will contribute to the progressive development of small and medium-sized businesses.