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On the Collective Ownership of Cooperative Notary Public Institutions
Law School, University of International Business and Economics, Beijing, China
- 1 Law School, University of International Business and Economics, Beijing, China
Beijing Law Review·Volume 14 (2023)·Pages 61–73·Published 31 January 2023·DOI10.4236/blr.2023.141003
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Abstract
Notary system reform is a part of judicial reform in China. Cooperative notary institution is a new form of organization arising from the notary system reform whose ownership of property requires clarification. The thought of cooperative economy can be understood from the two dimensions: ownership and system of ownership. The “cooperative” of cooperative notary public institutions is collective ownership, which is one of the forms of public ownership economy. The capital contribution by the funders and the operating incomes after the establishment of the cooperative notary institution jointly constitute all the assets of the cooperative notary institution to bear civil liabilities.
KeywordsNotary System ReformCooperative Notary Public Institutions PublicCollective OwnershipCooperative Economic Organizations
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