Law passed: SNT boards will be able to open bank accounts without meetings
In short: The State Duma adopted a bill aimed at transferring gardening associations to non-cash payments for targeted contributions and payments.
The law will come into force in 10 days
On Friday, May 15, the bill was adopted by the State Duma deputies in the second and third readings - the document will come into force in 10 days. The boards of SNT (Gardening Non-Profit Partnership) will be able to open and close accounts of the organization without having to call a general meeting. According to Oleg Valenchuk, a member of the Committee on Natural Resources, Property and Land Relations, the initiative was designed to improve the activities of Russian garden communities.
Meetings are no longer needed
Before the adoption of the new bill, in order to open or close a bank account, the boards of SNT were forced to organize a meeting for all members of the partnership and bring the issue up for general discussion. However, the summer cottage season mainly falls in the summer, when many citizens are planning vacations. The attendance at such meetings is usually low, making it difficult to make decisions that often require speed.
The powers of the heads of SNT are expanded
Changes in the legislation expand the powers of the heads of SNT, who from now on will independently open and close bank accounts. It is clarified that this will increase control over the board of the organization, which will not be able to spend funds for other purposes and undertakes to submit a report on the conditions for opening an account at the next meeting.
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