Explanation of Article 19
This article stipulates that a legal entity enjoys the same rights as a natural person, except for those inherently linked to the natural characteristics of a person, which are rights related to the material and moral human aspects, such as:
- First: The right to marriage and divorce, which cannot be a right of a legal entity.
- Second: The right to lineage, which cannot be a right of a legal entity.
- Third: The right to guardianship and custody, which cannot be a right of a legal entity.
Accordingly, a legal entity has the right to its own name, including a trade name, the right to domicile, the right to its assets, the right to litigation, the right to an independent financial liability, a nationality determined by its specific system, the right to protection from infringement on its rights, and so forth.
A legal entity is subject to the provisions of this system regarding name, domicile, capacity, and the application of the system to it, in matters not specified in its own regulations, as this system represents the general law in these provisions.
Related To
Article 19
Any material or non-material thing may be deemed the subject of financial rights, except for things that cannot be possessed due to their nature or things which are prohibited from being the subject of financial rights pursuant to legal provisions.