FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 28, 2016 No. 488-FZ

About modification of separate legal acts of the Russian Federation

Accepted by the State Duma on December 14, 2016

Approved by the Federation Council on December 23, 2016

Article 1

Bring in the Federal Law of February 8, 1998 No. 14-FZ "About limited liability companies" (The Russian Federation Code, 1998, No. 7, Art. 785; 2002, No. 12, Art. 1093) following changes:

Article 3 to add 1) with Item 3.1 of the following content:

"3.1. The exception of society of the Unified State Register of Legal Entities according to the procedure, established by the Federal Law on state registration of legal entities for invalid legal entities, attracts the effects provided by the Civil code of the Russian Federation for refusal of the primary debtor of obligation fulfillment. In this case, if non-execution of obligations of society (including owing to damnification) is caused by the fact that persons specified in Items 1 - 3 Articles 53.1 of the Civil code of the Russian Federation, were effective from bad faith or unreasonably, according to the statement of the creditor subsidiary responsibility according to obligations of this society can be conferred on such persons.";

Article 57 to add 2) with Items 6 and 7 of the following content:

"6. The term of liquidation of society established by his participants or the body which made the decision on liquidation of society cannot exceed one year and if liquidation of society cannot be complete in the specified time, this term can be prolonged judicially, but no more than for six months.

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