of May 4, 2012 No. 301-IV
About entering of amendment into the Law of Turkmenistan "About property"
I. Add article 12 of the Law of Turkmenistan "About property", adopted on October 1, 1993 (Sheets of Majlis of Turkmenistan, 1993, No. 9-10, of Art. 53; 2007, No. 1, Art. 40), part six of the following content:
"6. According to the decision of the Cabinet of Ministers of Turkmenistan the property which is in state-owned property for participation in the joint-stock company or joint business established for the purpose of enhancement of activities and increase in efficiency of the state company can be transferred to its possession. In this case the state companies answer for the obligations this property.".
II. This Law becomes effective from the date of its official publication.
President of Turkmenistan
Gurbanguly Berdimuhamedov
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The document ceased to be valid since November 30, 2015 in compliance with article 31 of the Law of Turkmenistan of 21.11.2015 No. 306-V "About property"