2.2. If he abuses his official position, he shall be punished by imprisonment for a term of two to eight years.
3. If this crime is committed by an organized criminal group, it shall be punished by imprisonment for a term of five
to twelve years.
4. If this crime is committed on behalf of a legal entity and for the benefit of a legal entity, the legal entity shall be
punished with a fine in the amount of ten thousand to eighty thousand units, with the deprivation of the right to carry
out certain types of activities.
Article 18.9. Abuse of securities market
1. If the securities market is abused, a fine of 2,700 to 10,000 units will be imposed, or travel restrictions will be
imposed for a period of six months to two years, or imprisonment for a period of six months to two years.
/This section was amended by the law of May 11, 2017/
2. If this crime is committed by a group, it shall be punished by imprisonment for a term of two to eight years.
3. If this crime is committed by an organized criminal group, it shall be punished by imprisonment for a term of five
to twelve years.
4. If this crime is committed on behalf of a legal entity and for the benefit of a legal entity, the legal entity shall be
punished with a fine in the amount of ten thousand to eighty thousand units, with the deprivation of the right to carry
out certain types of activities.
Article 18.10. Deliberate and artificial bankruptcy
1. Deliberately concealing property, property rights and obligations, property information and movement for the
purpose of bankruptcy; If the accounting and other accounting documents representing the economic activities of a
legal entity or self-employed person are hidden, destroyed, or changed, a fine of two thousand seven hundred units
to five thousand four hundred units, or restriction of the right to travel for a period of six months to one year. , or
imprisonment from six months to one year.
/This section was amended by the law of May 11, 2017/
2. If the executive officer or founder of a legal entity informs the client that he is insolvent in order to delay the
payment of the loan debt, to ease the terms of its payment, to reduce the interest on the loan debt, or to not pay the
loan debt, and by filing a bankruptcy case, he has caused a lot of damage to others due to artificial bankruptcy. shall
be fined in the amount of two thousand seven hundred units to five thousand four hundred units, or restriction of the
right to travel for a period of six months to one year, or imprisonment for a period of six months to one year.
/This section was amended by the law of May 11, 2017/
3. If the crime specified in paragraphs 1 and 2 of this article is committed on behalf of a legal entity and for the
benefit of the legal entity, the legal entity shall be punished by a fine of ten thousand to eighty thousand units.
/This section was amended by the law of May 11, 2017/
Article 18.11. Illegal bankruptcy
1. Forced, fraudulent, forced bankruptcy before there were serious grounds for bankruptcy; spreading false
information about a legal entity, slandering it, intentionally causing it to fail to pay its debts; If the legal entity has
gone bankrupt due to the fact that the public servant did not provide the services required by the government
according to the law, was not properly registered, canceled the special license without reason, refused to grant the
special license without reason, or issued the license to operate without reason, in the amount equal to five thousand
four hundred units to twenty seven thousand units shall be punished with a fine of MNT, or community service for a
period of two hundred and forty hours to seven hundred and twenty hours, or restriction of the right to travel for a
period of one to five years, or imprisonment for a period of one to five years.
/This section was amended by the law of May 11, 2017/
Article 18.12. Obtaining social care and services illegally
1. If a person uses false documents or objects, deliberately creates an artificial situation, and conceals the reality and
receives social welfare pensions, allowances, services, or social development services, he shall be fined in the
amount of five thousand four hundred to twenty seven thousand units, or one hundred and forty shall be punished by
performing community service for a period of up to four hundred and eighty hours, or restricting the right to travel
for a period of one to five years, or imprisonment for a period of one to five years.
2. This crime:
2.1. using his position;
2.2. If a large amount of social welfare pensions, benefits, services, or social development services is taken, the
person shall be disqualified for a period of one to five years, fined in the amount of ten thousand to forty thousand
units, or imprisoned for a period of two to eight years.
Article 18.13. Illegal establishment of a bank and loss of bank's solvency
1. If a bank is opened and operated without the permission of the authorized body, or if the bank's share capital is
illegally accumulated, it shall be punished by imprisonment for a period of six months to three years.
Seleccionar párrafo de destino3
Conectar a un párrafo
Connect to an entity
Disable highlights
Añadir a la tabla de contenidos