Full text of the paper:
Collected Papers of the Faculty of Law in Novi Sad, University in Novi Sad
2021, vol. LV, No. 1, pp. 335–359
language of the paper: English
Overview paper
udk: 347.44(439)
doi: 10.5937/zrpfns55-26939
Author:
Máté Mohai
University of Pécs
Faculty of Law
mohai.mate@ajk.pte.hu
Abstract:
The new Hungarian Civil Code regulates the memorandums of association of companies in its Third Book, while the Sixth Book contains the provisions of (other?) contracts. The memorandum of association is quite different from typical civil law contracts. Its most characteristic feature is that it establishes a legal entity. In most cases, the regulation of the memorandum of association is different from the provisions on contracts set out in the Civil Code, and there is no provision in the law according to which the latter should also be applied to the memorandum of association. But should they?
Keywords:
memorandum of association, Hungarian Civil Code, Hungarian Companies Act, civil law contracts, exchange contracts