LAW OF THE REPUBLIC OF BELARUS

of February 18, 1991 No. 611-XII

About peasant farm

This Law determines legal status, conditions of creation, activities, reorganization and liquidation of peasant farm, the right and obligation of his members.

Chapter 1. General provisions

Article 1. Concept of peasant farm

1. Peasant farm the commercial organization created by one citizen (members of one family) who made (made) property contributions, for implementation of business activity on production of agricultural products and also on its conversion, storage, the transportation and realization based on its personal labor participation and use of the parcel of land provided for these purposes according to the legislation on protection and use of lands is recognized (further if other is not determined, – farm).

2. The farm possesses on the property right the property transferred in quality of contribution to authorized capital of farm by his founders (members) and also the property made and acquired by farm in the course of its activities.

3. Members of farm have liability laws concerning this farm.

Article 2. Legal regulation of the relations connected with creation and activities of farm

1. The relations connected with creation and activities of farm are regulated by this Law, acts of the President of the Republic of Belarus, the civil legislation, the legislation on protection and use of lands, other acts of the legislation, and also international treaties of the Republic of Belarus.

2. If the international treaty of the Republic of Belarus establishes other rules, than those which contain in the legislation on farm then are applied rules of the international treaty.

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