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FEDERAL LAW OF THE RUSSIAN FEDERATION

of May 8, 1996 No. 41-FZ

About production cooperatives

(as amended on 05-04-2021)

Accepted by the State Duma on April 10, 1996

Chapter I. General provisions

Article 1. Concept of production cooperative

Production cooperative (artel) (further - cooperative) voluntary consolidation of citizens on the basis of membership for the joint productive and other economic activity based on their personal labor and other participation and consolidation by his members (participants) of property shares is recognized. Participation in its activities of legal entities can be provided by the constituent document of cooperative. The cooperative is legal entity - the commercial organization.

Article 2. The relations regulated by this Federal Law

1. This Federal Law governs the relations arising in case of education, activities and the termination of activities of the cooperatives performing production, conversion, sale of industrial and other output, trade, construction, household and other types of servicing, mining, other natural resources, collection and conversion of secondary raw materials, carrying out the research, construction work and also rendering the medical, legal, marketing and other not forbidden by the law types of service.

2. Features of creation and activities of agricultural production cooperatives are determined by the law on agricultural cooperation.

Article 3. Legislation on cooperatives

Cooperatives act on the basis Constitutions of the Russian Federation, the Civil code of the Russian Federation, this Federal Laws accepted according to them other Federal Laws, and also regulatory legal acts of subjects of the Russian Federation concerning joint maintaining, carried to their competence according to the Constitution of the Russian Federation.

Chapter II. Formation of cooperative

Article 4. Procedure for formation of cooperative

The cooperative is formed only according to the decision of his founders. The number of members of cooperative cannot be less than five people. Citizens of the Russian Federation, foreign citizens, stateless persons can be members (participants) of cooperative. The legal entity participates in activities of cooperative through the representative according to the charter of cooperative.

Article 5. Charter of cooperative

1. The constituent document of cooperative is the charter approved by general meeting of members of cooperative.

The trade name of cooperative shall contain its name and words "production cooperative" or "artel". Other requirements to trade name of cooperative are established by the Civil code of the Russian Federation.

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