Law on property. | Land Portal

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The right of property in Turkmenistan is recognized and protected, the law ensures inviolability, equal protection and equal conditions for the development of all types and forms of property. Objects of property can be: land, subsoil, water resources, forests, flora and fauna, mining allotments. The following objects pertain to state property: land, industrial complexes of the national economy and state enterprises of agro-industrial complex. The Law consists of 8 Sections that contain 26 articles. Section 1 (arts. 1-7) lays down general provisions. Section 2 (arts. 8-11) regards private property. Section 3 (arts. 12-13) regards state property. Section 4 (arts. 14-17) regards property of social associations (organizations). Section 5 (arts. 18-21) regards property of joint-ventures, foreign states, their legal and natural persons. Section 6 (art. 22) regards mixed (common) property. Section 7 (art. 23) regards cooperative property. Section 8 (arts. 24-26) regards ensuring and protection of property.

Repealed by: Law No. 306-V “On property”. (2015-11-21)

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Gnetii, Vsevolod

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