Musamus Law Review
Vol 1 No 2 (2019): MuLaRev

Adjustment of the Foundation's Articles of Association Judging from the Law Enforcement Perspective

Fitri Pratiwi Rasyid (Faculty of Law, Hasanuddin University)
Audyna Mayasari Muin (Faculty of Law, Hasanuddin University)

Article Info

Publish Date
06 May 2019

Abstract

According to Indonesia Foundation Law, No. 16/ 2001, as amended by Law No. 28/2001, article 1(1) stipulates that Foundation is a legal entity that has separated assets to achieve specific objectives in the social, religious, and humanitarian fields, which has no members. Importantly, this regulation has required a Foundation to have legal entities status. In fact, some Foundations in Indonesia have existed, and continuously functioning performs business activity without having legal entities status. This phenomenon should be banned as clearly regulated in the Law that foundations shall not be drawn on as platforms of business unless through other business entities.

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Journal Info
Musamus Law Review
Website

Abbrev

law

Publisher

Universitas Musamus

Subject

Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Musamus Law Review (MuLaRev) is a peer-reviewed journal published by Faculty of Law, Musamus University, Merauke, Papua, Indonesia. MuLaRev published twice a year (October and ...