1. The Company shall have sufficient capital to achieve the object of its incorporation consisting of stakes of equal value. Upon the proposal of the Minister in coordination with the Competent Authorities, the Cabinet may issue a resolution specifying a minimum capital for the Company. 2. Capital contributions shall be cash and/or in kind and shall be fully paid at the time of incorporation. 3. Cash contributions shall be deposited with one of the banks operating in the State. The bank may disburse such contributions only to the managers of the Company upon providing evidence of the Company’s registration with the Competent Authority and within the limits specified in the appointment contract of such managers. 4. Notwithstanding the provision of Clause (1) of this Article, the partners' stakes may be classified into different classes in terms of value, voting rights, redemption of the stake, priority in profit distribution or liquidation, or other rights, privileges, or restrictions, as determined by the Memorandum of Association, provided that the class of each stake, its rights, privileges, and any restrictions imposed thereon shall be recorded in the Trade Register. The Cabinet shall, upon the proposal of the Ministry, in coordination with the Competent Authority, determine the classes, the conditions of each class, and the rules and procedures regulating them.
Interpretation and application must be checked against the official text and current version.