Main Article Content
Abstract
This article seek to discuss the concept of the state’s properties which are included in the state enterprises (BUMN), especially those which are in the form limited liability companies (Persero). From legal perspective, state’s properties which are placed in a limited liability companies are separated properties. The inclusion of such properties in a limited liability company brings about a legal consequence, namely, such properties are then legally belong to the company instead of the state. A limited liability company is an independent entity, and hence, physically, the said state’s properties are then deemed as the share. It suffices to conclude therefore, that the state can not in any way in possession of the company as a whole, but rather merely on the limited amount of share.
Keywords: State Enterprise, Limited Liability Company, separated state’s properties.
Keywords: State Enterprise, Limited Liability Company, separated state’s properties.
Article Details
License
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
How to Cite
Khairandy, R. (2009). Corruption in State Enterprise Especially Corporation: A Study of the Meaning of State Property Separated from the State Finance. Jurnal Hukum IUS QUIA IUSTUM, 16(1). Retrieved from https://journal.uii.ac.id/IUSTUM/article/view/445