Civil Code: Unincorporated Entity

Civil Code: Unincorporated Entity
 
(These clauses are selected from The Civil Code of the People’s Republic of China translated and authored by Steve Li and Robert Zhang, international arbitration lawyers registered in Shanghai, China, and published by Kindle Unlimited. No reproduction is allowed unless authorized by the authors.)
 

Chapter IV Unincorporated Entity

 

Article 102 Unincorporated entity means any entity that is not granted the status as a legal entity but may engage in civil activities in its own name according to law.
 
Unincorporated entities include but are not limited to sole proprietorships, partnerships, and professional service entities not granted the status as a legal entity.
 
Article 103 An unincorporated entity shall be registered according to law.
 
The establishment of an unincorporated entity shall be approved by the competent authority if required by laws and administrative regulations.
 
Article 104 Where the property of an unincorporated entity is insufficient to cover its debts, its contributors or founders shall assume unlimited liability, unless otherwise specified by law.
 
Article 105 An unincorporated entity may appoint one or more individuals to engage in civil activities on its behalf.
 
Article 106 An unincorporated entity shall be dissolved:
 
(1) upon the expiration of its operational period or the occurrence of any other cause for its dissolution, under its articles of association;
 
(2) as decided by the contributors or founders; or
 
(3) in case of any other event specified by law.
 
Article 107 An unincorporated entity shall be liquidated according to law upon its dissolution.
 
Article 108 In addition to this Chapter IV, unincorporated entities shall also be governed by the provisions of Section 1 of Chapter III under this TITLE ONE.

Practising lawyers

Robert Zhang

An international lawyer registered in Shanghai, China. Master's degreePublish…

Steve Li

An international lawyer registered in Shanghai, China. Master's degreePublish…

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We are a group of China local lawyers from a few law firms
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