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Legal Person Subject to Civil Law

Author

Listed:
  • Cristian Macsim

    (Assistant professor at "Stefan cel Mare" University of Suceava - Faculty of Law and Administrative Sciences)

Abstract

The legal person, now a distinct institution in its own right, regulated as such in the Romanian Civil Code, is the result of a long process of modernisation of Romanian legislation, but also of its harmonisation with international regulations which unanimously recognise the legal person as a subject of law. The notion of legal person was born in private law and has been and is used in all branches of law. Legal persons are distinct subjects in civil law or commercial law legal relationships. The legal person is a subject of law with a wide scope in the legal circuit. Commercial companies, autonomous companies, companies, are participants as legal persons in private law relationships. Legal persons are the entities provided for by law, as well as any other legally-established organisations which, although not declared by law to be legal persons, fulfill all the conditions provided for by the Civil Code and the relevant legislation. The present article aims to present the specific rules for the establishment and functioning of a legal person, as well as issues related to classifications and constituent elements, and to their liability for legal acts or deeds performed.

Suggested Citation

  • Cristian Macsim, 2021. "Legal Person Subject to Civil Law," Logos Universalitate Mentalitate Educatie Noutate - Sectiunea Drept/ Logos Universality Mentality Education Novelty - Section: Law, Editura Lumen, Department of Economics, vol. 9(1), pages 13-23, December.
    • Handle: RePEc:lum:rev13d:v:ix:y:2021:i:1:p:13-23
    DOI: https://doi.org/10.18662/lumenlaw/9.1/52
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    More about this item

    Keywords

    legal person; state; company; legal liability; legal subject; capacity to use; capacity to exercise; identifying attributes;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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