Stock acquisition isn't purchase under the Law N 44-FL

11 November 2015, Wednesday

The shareholder doesn't carry out purchase for ensuring the state and municipal needs, acquiring shares at other members of society. Such transaction is regulated by the Law on joint-stock companies.

Therefore, the customer who needs to buy the equity stake of society, has the right not to apply provisions of the law N 44-FL.

However the list of cases fixed in this Law when the customer can not apply provisions of the Law N 44-FL, doesn't contain such basis as purchase of shares.

Document: Letter of the Ministry of Economic Development of the Russian Federation of 18.02.2015 N D28i-397

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