Encyclopedia

Joint-stock company


1. A joint-stock company is a company whose share capital is divided into a specified number of shares; the shareholders of a joint-stock company are not liable for its obligations and bear the risk of losses arising from the company's activities up to the value of the shares they own

Source: "Civil Code of the Russian Federation (Part One)" dated 30.11.1994 No. 51-FZ (as amended on 03.12.2012)

1. A joint-stock company (hereinafter - the company) is a commercial organization whose share capital is divided into a specified number of shares, certifying the obligations of the participants in the company (shareholders) vis-à-vis the company

Source: Federal Law No. 208-FZ dated 26.12.1995 (as amended on 28.07.2012) "On Joint-Stock Companies"

Laws with commentary

Codes and federal laws