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Fission of a company — the creation of one or several companies with the transfer to them of part of the rights and obligations of the reorganized company without terminating the latter1.
Federal Law No. 208-FZ of December 26, 1995 "On Joint Stock Companies", as amended on December 26, 1995, Article 19, paragraph 1 // Official Gazette of the Russian Federation. 1996. No. 1. Art. 1. ↩