Variant 1 The concept and essence of finance

2. Legal status of a joint stock company in the Republic of Uzbekistan.
A joint-stock company (hereinafter referred to as the company) is a commercial organization whose authorized capital (authorized fund) is divided into a certain number of shares certifying the rights of shareholders in relation to the company.

The Company is a legal entity and owns separate property, including property transferred to it in the authorized fund (authorized capital), accounted for on its own balance sheet, can acquire and exercise property and personal non-property rights on its own behalf, bear obligations, be a plaintiff and the defendant in court.

The company acquires the status of a legal entity from the moment of its state registration. The company is formed without a time limit, unless otherwise provided by its charter.

The company has the right to open bank accounts on the territory of the Republic of Uzbekistan and abroad.

The company has its full and may have an abbreviated company name with an indication of its legal form.

The company has the right to have a round seal containing its full company name in the state language and an indication of its location. The seal may indicate simultaneously the company name in any other language.

The Company has the right to have stamps and blanks with its name, its own emblem, as well as a registered trademark and other means of individualization of participants in civil turnover, goods, works and services.

The location of the company shall be determined by the place of its state registration, unless otherwise provided in the charter of the company.

The company must have a postal address and an email address at which it is contacted. The company is obliged to notify the state registration bodies of legal entities (hereinafter referred to as the registering body) of a change in its location (postal address) and email address by sending a written notice, and to shareholders by publication in the media.