of June 11, 2020 No. 86
About non-profit organizations
The Parliament adopts this organic law.
(1) This law establishes the principles of creation, registration, implementation and termination of activities of non-profit organizations, and also the procedure of receipt of the status of the organization of public advantage.
(2) Provisions of this law do not extend to the unregistered organizations, to public organizations, political parties, labor unions, merging of employers, religious cults and their components, and also on other legal entities of public or private law, procedure for creation and which functioning it is regulated by special laws.
(3) For the purpose of this law the non-profit organization is understood as the legal entity having other main objective, than income acquisition. For the purpose of this law the non-profit organization is understood as public association, fund and private institution.
(4) Provisions of the Law o of state registration of legal entities and individual entrepreneurs No. 220/2007 are applied to non-profit organizations in that measure in what they do not contradict this law.
(1) Public association the non-profit organization which is voluntarily created by founders for realization of non-commercial purposes for the sake of which it is created is recognized.
(2) Fund the non-profit organization which does not have membership founded by one or several persons allocated with the certain property isolated from property of founders, intended for achievement of the non-commercial purposes provided by the constituent document is recognized.
(3) Private institution the non-profit organization created by one person for realization of non-commercial purposes and fully or partially financed by it is recognized.
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