of June 16, 1994 No. 146-XIII
About the state company
The parliament of the Republic of Moldova adopts this law.
This law determines legal, organizational and economic conditions of creation, functioning and termination of activities of the state company.
(1) the company at which 100 percent of the authorized capital belong to the state is State.
(2) the State company (further - the company) is independent business entity with the right of the legal entity which performs business activity on the basis of the state-owned property transferred to its economic jurisdiction.
(3) Control of activities of the company is exercised by state bodies according to the Law on entrepreneurship and the companies, this law and other legal acts.
(4) the Company answers for the obligations all the property. The state body does not answer for obligations the company created by it. The company does not answer for obligations the state body which founded it.
(5) the Company acquires the rights of the legal entity from the date of its registration in body of state registration. The company has the firm (name) with indication of "the state company" or reducings "I.S". and core activity, address, settlement accounts. On the letterhead of the company its state identification number is specified.
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The document ceased to be valid since December 22, 2017 according to article 19 of the Law of the Republic of Moldova of November 23, 2017 No. 246, except for:
- parts (2) – (4) Articles 7, which are applied before the end of procedure of reorganization of the state companies