Foundations and trust funds in the Czech Republic after the recodification of Civil Law : a step forward?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14220%2F15%3A00084406" target="_blank" >RIV/00216224:14220/15:00084406 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1093/tandt/ttv053" target="_blank" >http://dx.doi.org/10.1093/tandt/ttv053</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1093/tandt/ttv053" target="_blank" >10.1093/tandt/ttv053</a>

Result language
angličtina
Original language name
Foundations and trust funds in the Czech Republic after the recodification of Civil Law : a step forward?
Original language description
Although the major social and political changes happened more than 25 years ago, the Czech Republic is still in a transformation stage? of its legal system. The New Civil Code, in effect from 1 January 2014, has introduced new possibilities in the area of administration of assets, giving rise to a whole range of legal instruments: foundations (nadace), foundation funds (nadační fond), trust funds (svěřenský fond), and additional legal forms of an obligatory nature. The norms of international private lawhave also enabled the recognition of foundations, trusts, and similar foreign trust-like structures in the Czech Republic. This article briefly outlines the fundamental characteristics of the new legal framework and summarizes first reactions, based onexperience with the new regulation.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AG - Legal sciences
OECD FORD branch
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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