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What is a legal person?

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What is a legal person?

Legal entities are entities that, having their own assets, have the capacity to be subject to rights and obligations. This is what Law 59 of the Cuban Civil Code of 1987, in its Chapter II.

According to this rule, they are legal persons, in addition to the State:

  • Companies and unions of state-owned companies.
  • Cooperatives
  • Political, mass, social organizations and their companies.
  • Companies and associations established in accordance with the requirements established in the laws.
  • The foundations, understood as such the set of assets created as separate assets by act of liberality of which he was the owner, to dedicate them to the fulfillment of a certain purpose allowed by the non-profit law, and constituted in accordance with the requirements established in the laws
  • Non-state companies authorized to carry out their activities.
  • The other entities to which the laws confers legal personality.

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