of February 28, 2015 No. 183-V
About Chamber of Commerce and Industry of Turkmenistan
This Law establishes legal and economic basis of formation of Chamber of Commerce and Industry of Turkmenistan, forms of business of its activities and determines measures of the state support.
1. Chamber of Commerce and Industry of Turkmenistan (further – Chamber of Commerce and Industry), being legal entity, represents the non-profit public organization combining on voluntary basis of the company, organization irrespective of patterns of ownership and the entrepreneurs performing the activities without formation of legal entity designed to support and protect their interests.
2. For accomplishment of authorized tasks the Chamber of Commerce and Industry can be engaged in business activity. The profit got from business activity cannot be distributed between members of Chamber of Commerce and Industry.
3. The Chamber of Commerce and Industry answers for the obligations the property belonging to it.
4. The Chamber of Commerce and Industry does not answer for obligations the members and the companies created by it, they also do not answer for obligations Chamber of Commerce and Industry.
5. The name "Turkmenistanyn sowda-senagat edarasy" has no right to use other companies and the organizations, and those from them which have this phrase in the name, are not subject to state registration, except for the companies and the organizations formed by Chamber of Commerce and Industry.
6. Chamber of Commerce and Industry, performing the authorized functions, is effective within the Constitution and the laws of Turkmenistan.
1. The legislation of Turkmenistan on Chamber of Commerce and Industry is based on the Constitution of Turkmenistan and consists of this Law and other regulatory legal acts of Turkmenistan.
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