- Chapter 1 – General Provisions
- Chapter 2 – General Partnerships
- Part 1. General Provisions
- A. The Establishment of a General Partnership
- Article 8: Nature of partnership
- Article 9: Form of contract
- Article 10: Rules of determining existence of partnership
- Article 11: Date of creation
- Article 12: Legal personality
- Article 13: Nationality
- Article 14: Name of partnership
- Article 15: Liability for registration, filing and publication
- B. Relations of Partners to One Another
- Article 16: Nature of partner’s contribution
- Article 17: Partner’s debt for contribution
- Article 18: Contribution of property
- Article 19: Monetary contribution
- Article 20: Contribution of knowledge or activities
- Article 21: Capital of the partnership
- Article 22: Currency of capital
- Article 23: Participation in profits and losses
- Article 24: Allocation of partner’s interest
- Article 25: Partner accountable to partnership
- Article 26: Partner’s entitlement to wages
- Article 27: Liability for damage
- Article 28: Disbursement on behalf of the partnership
- Article 29: Receipt of amount by a partner
- Article 30: Partner and partnership’s property
- Article 31: New partner
- Article 32: Transferability of partner’s interest
- Article 33: Partner’s interest as guarantee
- Article 34: Management of partnership – general
- Article 35: Appointment of manager
- Article 36: More than one manager
- Article 37: Partner’s power to manage
- Article 38: Decision making process of the partners
- Article 39: Right to information
- C. Relation of General Partnership with Third Parties
- Article 40: Partner as agent
- Article 41: Partnership bound by contracts of partner
- Article 42: Partner’s liability
- Article 43: New partner’s liability
- Article 44: Knowledge of partnership
- Article 45: Misrepresentation
- Article 46: Silent partner
- Article 47: Distribution of security
- D. When a Person Ceases to be a General Partner
- Article 48: When a person ceases to be a partner
- Article 49: Effect on partnership
- Article 50: Right of a person who ceases to be a partner
- Article 51: Right of withdrawal
- Article 52: Expulsion of a partner
- E. Dissolution and Liquidation of the General Partnership
- Article 53: Cause of dissolution
- Article 54: Continuation of partnership with a fixed term
- Article 55: One partner
- Article 56: Rights of partners upon dissolution
- Article 57: Rights of third parties upon dissolution
- Article 58: Legal personality of partnership
- Article 59: Notice of dissolution
- Article 60: Powers of the liquidator
- Article 61: Order of payment in liquidation
- Article 62: Books and records
- Article 63: Closing of liquidation and legal personality
- Part 2. Limited Partnerships
- Article 64: Nature of Limited Partnership
- Article 65: One person as both limited and general partner
- Article 66: Form of contract
- Article 67: Date of creation
- Article 68: Name
- Article 69: Record of limited partners
- Article 70: Nature of partners’ contribution
- Article 71: Participation of limited partner in profits and losses
- Article 72: Liability of limited partner
- Article 73: Name of limited partner used in limited partnership’s name
- Article 74: Powers, rights, obligations of general partner
- Article 75: Liability of general partner
- Article 76: Limited partner’s entitlement to wages
- Article 77: Limited partner’s right to withdraw
- Article 78: Transferability of limited partner’s interest
- Article 79: Management – limited partner
- Article 80: When general partners not able to act
- Article 81: Law suit against the partnership
- Article 82: Insufficiency of partnership’s assets – third parties
- Article 83: Insufficiency of partnership’s assets – limited partners
- Article 84: Application of provisions dealing with general partnership
- Part 1. General Provisions
- Chapter 3 – Limited Company and Public Limited Company
- Part 1. General provisions
- Part 2.
- A. Formation of a Limited Company
- Article 91: Creation of Limited Company
- Article 92: Name of company
- Article 93: Articles of Incorporation, required contents
- Article 94: Additional provisions in articles
- Article 95: Signature of articles
- Article 96: Delivery of articles
- Article 97: Certificate of incorporation
- Article 98: Effect of certificate
- B. Capacity and Rights of the Company
- C. Registered Office, Books and Records
- Article 107: Registered office
- Article 108: Notice of registered office
- Article 109: Corporate records
- Article 110: Access to corporate records
- Article 111: Use of shareholder lists
- Article 112: Directors records
- Article 113: Accounting records
- Article 114: Company’s duty to preserve records
- Article 115: Corporate seal
- D. Directors and Officers
- Article 116: Initial directors
- Article 117: Shareholders’ Organizational Meeting
- Article 118: Number of Directors
- Article 119: Powers of Directors
- Article 120: Qualifications of Directors
- Article 121: Term of Office for Director
- Article 122: Staggered terms for directors
- Article 123: Classes of directors
- Article 124: Removal of director
- Article 125: Resignation of director
- Article 126: Continuation in office
- Article 127: Chairman of the Board
- Article 128: Calling meetings
- Article 129: Notice of meetings
- Article 130: Board consultations
- Article 131: Committees
- Article 132: Conduct of meetings
- Article 133: indemnification
- Article 134: Disclosure by director or officer
- Article 135: Time of disclosure for director
- Article 136: Time of disclosure for officer
- Article 137: Voting after disclosure
- Article 138: Officers
- Article 139: Pre incorporation contracts
- Article 140: Directors' liability – consideration for share
- Article 141: Others liability of directors
- Article 142: Director’s dissent
- E. Shares and Dividends
- Article 143: Shares
- Article 144: Number, value and rights attached to shares
- Article 145: Rights to classes of shares
- Article 146: Issue of shares – consideration for shares
- Article 147: Liability of shareholder
- Article 148: Shares in series
- Article 149: Stated capital account
- Article 150: Constraints on addition or reduction to a stated capital account
- Article 151: Pre-emptive right
- Article 152: Options and rights
- Article 153: Share certificate
- Article 154: Transfer of share
- Article 155: Acquisition of company's own shares
- Article 156: Reduction of stated capital on redemption or purchase
- Article 157: Dividend declaration
- Article 158: Restriction to declaration of dividends
- Article 159: Form of dividend
- Article 160: Adjustment of stated capital account
- F. Security Certificates, Registers and Transfers
- Article 161: Definitions
- Article 162: Securities are negotiable instruments
- Article 163: Distribution document
- Article 164: Securities in registered form
- Article 165: Debt obligation in order form
- Article 166: Securities in bearer form
- Article 167: Rights of holder
- Article 168: Signatures on the securities certificate
- Article 169: Contents of share certificate
- Article 170: Securities Register
- Article 171: Dealings with registered holder
- Article 172: Minors
- Article 173: Transmission of securities
- Article 174: Burden of proof
- Article 175: Securities fungible
- Article 176: Notice of defect
- Article 177: Unauthorized signature
- Article 178: Completion or alteration
- Article 179: Warranties of agents
- Article 180: Title of purchaser
- Article 181: Warranties to purchaser
- Article 182: Right to compel endorsement
- Article183: Endorsement
- Article 184: Immunity of endorser
- Article 185: Effect of endorsement without delivery
- Article 186: Endorsement in bearer form
- Article 187: Effect of unauthorized endorsement
- Article 188: Liability of issuer
- Article 189: Warranties of guarantor of signature
- Article 190: When delivery occurs
- Article 191: Delivery to broker
- Article 192: Right to reclaim possession
- Article 193: Right to require registration
- Article 194: Seizure of security
- Article 195: Registration of security in registered form
- Article 196: Limitation of issuer's liability
- Article 197: Notice of lost or stolen security
- Article 198: Duty of issuer to issue a new security
- G. Receivers and Receiver Managers
- H. Shareholders
- Article 205: Place of meetings
- Article 206: Directors calling meetings
- Article 207: Shareholders calling meetings
- Article 208: Meeting called by court
- Article 209: Establishing the record date
- Article 210: Notice of record date
- Article 211: Shareholder list
- Article 212: Effect of list
- Article 213: Examination of list
- Article 214: Notice of meeting
- Article 215: Waiver of notice
- Article 216: Shareholder proposal
- Article 217: Quorum
- Article 218: Right to vote
- Article 219: Proxy and pooling agreements
- Article 220: Voting
- Article 221: Written resolution in lieu of meeting
- Article 222: Court review
- Article 223: Unanimous shareholder agreement
- I. Financial Disclosure
- Article 224: Annual financial statements
- Article 225: Examination by shareholders
- Article 226: Approval and issuance of financial statements
- Article 227: Copies to shareholders
- Article 228: Copies to Director
- Article 229: Appointment of auditor
- Article 230: Exemption
- Article 231: Remuneration
- Article 232: Removal, vacancies
- Article 233: Court appointed auditor
- Article 234: Powers and duties
- J. Amendment of Articles of Incorporation
- K. Merger
- Article 241: Authority to merge
- Article 242: Approval by Directors
- Article 243: Merger Agreement
- Article 244: Notice to shareholders
- Article 245: Vote by shareholders
- Article 246: Votes by Class
- Article 247: Filing Articles of Merger
- Article 248: Effect of merger
- Article 249: Right to demand appraisal
- Article 250: Appraisal Procedure
- L. Dissolution and Liquidation
- M. Director of Companies
- Article 259: Appointment of Director of Companies
- Article 260: Certificate of Director of Companies
- Article 261: Copies
- Article 262: Proof required by Director of Companies
- Article 263: Regulations
- Article 264: Filing of articles and dissolution plans
- Article 265: Date of certificate
- Article 266: Certificate of compliance
- Article 267: Corrections
- Article 268: Inspection and copies of records
- Article 269: Retention of records
- A. Formation of a Limited Company
- Chapter 4 – Foreign Business
- Chapter 6 – Offences, Penalties and Remedies
- Article 290: False and misleading reports
- Article 291: Order to comply
- Article 292: Limitation period
- Article 293: Civil remedy not affected
- Article 294: Registration, filing and publication
- Article 295: Company books and records
- Article 296: Financial statements to shareholders
- Article 297: Financial statements to Director of Companies
- Article 298: Auditor
- Article 299
- Chapter 7 – Transitional Provisions
- Chapter 8 – Final Provisions
LAW ON COMMERCIAL ENTERPRISES
Chapter 1 – General Provisions
Article 1: Scope
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Article 2: Definitions
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Article 3: Registered agent and registered office
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Article 4: Delivery of documents
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Article 5: Use of Khmer name
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Article 6: Non-payment of fees, fines, interest and penalties
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Article 7: Annual declaration
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Chapter 2 – General Partnerships Part 1. General Provisions
A. The Establishment of a General Partnership
Article 8: Nature of partnership
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Article 9: Form of contract
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Article 10: Rules of determining existence of partnership
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Article 11: Date of creation
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Article 12: Legal personality
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Article 13: Nationality
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Article 14: Name of partnership
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Article 15: Liability for registration, filing and publication
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B. Relations of Partners to One Another
Article 16: Nature of partner’s contribution
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Article 17: Partner’s debt for contribution
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Article 18: Contribution of property
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Article 19: Monetary contribution
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Article 20: Contribution of knowledge or activities
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Article 21: Capital of the partnership
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Article 22: Currency of capital
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Article 23: Participation in profits and losses
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Article 24: Allocation of partner’s interest
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Article 25: Partner accountable to partnership
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Article 26: Partner’s entitlement to wages
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Article 27: Liability for damage
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Article 28: Disbursement on behalf of the partnership
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Article 29: Receipt of amount by a partner
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Article 30: Partner and partnership’s property
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Article 31: New partner
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Article 32: Transferability of partner’s interest
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Article 33: Partner’s interest as guarantee
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Article 34: Management of partnership – general
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Article 35: Appointment of manager
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Article 36: More than one manager
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Article 37: Partner’s power to manage
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Article 38: Decision making process of the partners
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Article 39: Right to information
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C. | Relation of General Partnership with Third Parties | |
Article 40: | Partner as agent |
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Article 41: Partnership bound by contracts of partner
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Article 42: Partner’s liability
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Article 43: New partner’s liability
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Article 44: Knowledge of partnership
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Article 45: Misrepresentation
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Article 46: Silent partner
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Article 47: Distribution of security
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D. When a Person Ceases to be a General Partner
Article 48: When a person ceases to be a partner
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Article 49: Effect on partnership
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Article 50: Right of a person who ceases to be a partner
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Article 51: Right of withdrawal
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Article 52: Expulsion of a partner
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E. | Dissolution and Liquidation of the General Partnership | |
Article 53: | Cause of dissolution | |
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Article 54: Continuation of partnership with a fixed term
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Article 55: One partner
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Article 56: Rights of partners upon dissolution
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Article 57: Rights of third parties upon dissolution
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Article 58: Legal personality of partnership
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Article 59: Notice of dissolution
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Article 60: Powers of the liquidator
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Article 61: Order of payment in liquidation
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Article 62: Books and records
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Article 63: Closing of liquidation and legal personality
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Part 2. Limited Partnerships
Article 64: Nature of Limited Partnership
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Article 65: One person as both limited and general partner
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Article 66: Form of contract
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Article 67: Date of creation
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Article 68: Name
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Article 69: Record of limited partners
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Article 70: Nature of partners’ contribution
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Article 71: Participation of limited partner in profits and losses
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Article 72: Liability of limited partner
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Article 73: Name of limited partner used in limited partnership’s name
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Article 74: Powers, rights, obligations of general partner
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Article 75: Liability of general partner
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Article 76: Limited partner’s entitlement to wages
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Article 77: Limited partner’s right to withdraw
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Article 78: Transferability of limited partner’s interest
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Article 79: Management – limited partner
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Article 80: When general partners not able to act
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Article 81: Law suit against the partnership
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Article 82: Insufficiency of partnership’s assets – third parties
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Article 83: Insufficiency of partnership’s assets – limited partners
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Article 84: Application of provisions dealing with general partnership
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Chapter 3 – Limited Company and Public Limited Company
Part 1. General provisions
Article 85: Application
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Article 86: Nature of Private Limited Company
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Article 87: Nature of Public Limited Company
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Article 88: Interpretation
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Article 89: | Affiliate - interpretation |
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Article 90: Liability for registration, filing and publication
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Part 2.
A. Formation of a Limited Company
Article 91: Creation of Limited Company
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Article 92: Name of company
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Article 93: Articles of Incorporation, required contents
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Article 94: Additional provisions in articles
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Article 95: Signature of articles
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Article 96: Delivery of articles
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Article 97: Certificate of incorporation
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Article 98: Effect of certificate
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B. Capacity and Rights of the Company
Article 99: Capacity of a company
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Article 100: Extra-territorial capacity
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Article 101: Nationality
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Article 102: Bylaws
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Article 103: Restricted business or powers
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Article 104: Rights preserved
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Article 105: No constructive notice
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Article 106: Protections for third persons
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C. | Registered Office, Books and Records |
Article 107: Registered office
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Article 108: Notice of registered office
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Article 109: Corporate records
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Article 110: Access to corporate records
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Article 111: Use of shareholder lists
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Article 112: Directors records
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Article 113: Accounting records
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Article 114: Company’s duty to preserve records
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Article 115: Corporate seal
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D. | Directors and Officers | |
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Article 116: | Initial directors | |
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Article 117: Shareholders’ Organizational Meeting
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Article 118: Number of Directors
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Article 119: Powers of Directors
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Article 120: Qualifications of Directors
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Article 121: Term of Office for Director
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Article 122: Staggered terms for directors
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Article 123: Classes of directors
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Article 124: Removal of director
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Article 125: Resignation of director
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Article 126: Continuation in office
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Article 127: Chairman of the Board
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Article 128: Calling meetings
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Article 129: Notice of meetings
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Article 130: Board consultations
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Article 131: Committees
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Article 132: Conduct of meetings
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Article 133: indemnification
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Article 134: Disclosure by director or officer
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Article 135: Time of disclosure for director
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Article 136: Time of disclosure for officer
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Article 137: Voting after disclosure
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Article 138: Officers
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Article 139: Pre incorporation contracts
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Article 140: Directors' liability – consideration for share
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Article 141: Others liability of directors
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Article 142: Director’s dissent
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E. Shares and Dividends
Article 143: Shares
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Article 144: Number, value and rights attached to shares
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Article 145: Rights to classes of shares
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Article 146: Issue of shares – consideration for shares
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Article 147: Liability of shareholder
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Article 148: Shares in series
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Article 149: Stated capital account
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Article 150: Constraints on addition or reduction to a stated capital account
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Article 151: Pre-emptive right
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Article 152: Options and rights
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Article 153: Share certificate
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Article 154: Transfer of share
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Article 155: Acquisition of company's own shares
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Article 156: Reduction of stated capital on redemption or purchase
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Article 157: Dividend declaration
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Article 158: Restriction to declaration of dividends
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Article 159: Form of dividend
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Article 160: Adjustment of stated capital account
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Article 161: Definitions
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Article 162: Securities are negotiable instruments
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Article 163: Distribution document
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Article 164: Securities in registered form
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Article 165: Debt obligation in order form
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Article 166: Securities in bearer form
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Article 167: Rights of holder
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Article 168: Signatures on the securities certificate
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Article 169: Contents of share certificate
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Article 170: Securities Register
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Article 171: Dealings with registered holder
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Article 172: Minors
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Article 173: Transmission of securities
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Article 174: Burden of proof
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Article 175: Securities fungible
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Article 176: Notice of defect
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Article 177: Unauthorized signature
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Article 178: Completion or alteration
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Article 179: Warranties of agents
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Article 180: Title of purchaser
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Article 181: Warranties to purchaser
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Article 182: Right to compel endorsement
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Article183: Endorsement
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Article 184: Immunity of endorser
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Article 185: Effect of endorsement without delivery
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Article 186: Endorsement in bearer form
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Article 187: Effect of unauthorized endorsement
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Article 188: Liability of issuer
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Article 189: Warranties of guarantor of signature
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Article 190: When delivery occurs
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Article 191: Delivery to broker
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Article 192: Right to reclaim possession
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Article 193: Right to require registration
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Article 194: Seizure of security
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Article 195: Registration of security in registered form
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Article 196: Limitation of issuer's liability
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Article 197: Notice of lost or stolen security
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Article 198: Duty of issuer to issue a new security
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G. Receivers and Receiver Managers
Article 199: Functions of receiver
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Article 200: Functions of receiver-manager
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Article 201: Directors' powers cease
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Article 202: Powers of receiver
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Article 203: Duties of receiver and receiver-manager
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Article 204: Directions given by court
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Article 205: | Place of meetings |
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Article 206: Directors calling meetings
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Article 207: Shareholders calling meetings
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Article 208: Meeting called by court
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Article 209: Establishing the record date
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Article 210: Notice of record date
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Article 211: Shareholder list
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Article 212: Effect of list
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Article 213: Examination of list
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Article 214: Notice of meeting
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Article 215: Waiver of notice
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Article 216: Shareholder proposal
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Article 217: Quorum
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Article 219: Proxy and pooling agreements
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Article 220: Voting
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Article 221: Written resolution in lieu of meeting
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Article 222: Court review
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Article 223: Unanimous shareholder agreement
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I. Financial Disclosure | |
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Article 224: $WHYHU\DQQXDOJHQ | Annual financial statements HUDOPHHWLQJRI VKDUHKRO GHUVWKHGLUH FWRUV VKDOOS UHVHQWDQDQ QXDOILQDQ FLDO |
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Article 225: Examination by shareholders
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Article 226: Approval and issuance of financial statements
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Article 227: Copies to shareholders
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Article 228: Copies to Director
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Article 229: Appointment of auditor
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Article 230: Exemption
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Article 231: Remuneration
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Article 232: Removal, vacancies
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Article 233: Court appointed auditor
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Article 234: Powers and duties
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J. Amendment of Articles of Incorporation
Article 235: Right to amend
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Article 236: Vote
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Article 237: Notice of meeting
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Article 238: Nature of amendments
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Article 239: Filing amendments
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Article 240: Certificate of amendment
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K. Merger
Article 241: Authority to merge
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Article 242: Approval by Directors
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Article 243: Merger Agreement
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Article 244: Notice to shareholders
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Article 245: Vote by shareholders
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Article 246: Votes by Class
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Article 247: Filing Articles of Merger
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Article 248: Effect of merger
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Article 249: Right to demand appraisal
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Article 250: Appraisal Procedure
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Article 251: | Dissolution | |
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Article 252: Proposing liquidation and dissolution
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Article 253: Statement of intent to dissolve
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Article 254: Notice of Intent to Dissolve
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Article 255: Liquidation
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Article 256: Supervision by court
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Article 257: Dissolution
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M. | Director of Companies | |
Article 259: | Appointment of Director of Companies |
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Article 260: Certificate of Director of Companies
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Article 261: Copies
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Article 262: Proof required by Director of Companies
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Article 263: Regulations
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Article 264: Filing of articles and dissolution plans
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Article 265: Date of certificate
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Article 266: Certificate of compliance
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Article 267: Corrections
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Article 268: Inspection and copies of records
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Article 269: Retention of records
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Chapter 4 – Foreign Business
General Provisions
Article 270: Foreign business defined
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Article 271: Forms
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Article 272: Doing business
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Article 273: Subject to local law
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A. Representative Office
Article 274: Authorized activities
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Article 275: Management
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Article 276: Name
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Article 277: Closing representative office
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Article 278: | Authorized activities | |
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Article 279: Liability
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Article 280: Management
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Article 281: Name
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Article 282: Closing branch
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C. Subsidiary
Article 283:
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Chapter 5 – Derivative Action
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Article 288: Recovery in derivative action
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Article 289: Duty of care of directors and officers
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Chapter 6 – Offences, Penalties and Remedies
Article 290: False and misleading reports
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Article 291: Order to comply
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Article 292: Limitation period
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Article 293: Civil remedy not affected
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Article 294: Registration, filing and publication
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Article 295: Company books and records
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Article 296: Financial statements to shareholders
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Article 297: Financial statements to Director of Companies
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Article 298: Auditor
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Chapter 7 – Transitional Provisions
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Chapter 8 – Final Provisions
Article 303: Contradiction
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Article 304: Promulgation
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