person’s obliga ons. Ar cle 84 The controlling capital contributors, actual controllers, directors, supervisors, and senior management o cers of a for-pro t legal person shall not harm the legal person’s interests by taking advantage of any a liated rela ons, and shall compensate for any loss thus caused to the legal person. Ar cle 85 A capital contributor of a for-pro t legal person may request the people’s court to revoke a resolu on which is made at a mee ng of the governing body or execu ve body of the legal person if the procedure for convening the mee ng or the vo ng method thereof is in viola on of the laws, administra ve regula ons, or the legal person’s ar cles of associa on, or, if the content of the resolu on violates the ar cles of associa on, provided that any civil juris c rela onship already formed between the legal person and a bona de third person based on such a resolu on shall not be a ected. Ar cle 86 A for-pro t legal person shall, when engaging in opera onal ac vi es, observe commercial ethics, maintain the security of transac ons, subject itself to the supervision of the government and the public, and assume social responsibili es. Sec on 3 Non-pro t Legal Persons Ar cle 87 A non-pro t legal person is a legal person established for public welfare or other non-pro t purposes which shall not distribute any pro t to its capital contributors, incorporators, or members. Non-pro t legal persons include public ins tu ons, social organiza ons, founda ons, social service ins tu ons, and the like. Ar cle 88 A public ins tu on established for the purpose of providing public services to meet the needs for economic and social development a ains the status of a public-ins tu on legal person if it sa s es the requirements for being a legal person and is legally registered as such; where the law does not require such a public ins tu on to be registered, it a ains the status of a public-ins tu on legal person from the date of its establishment. Ar cle 89 Where a public-ins tu on legal person establishes a council, the council is its decision-making body unless otherwise provided by law. The legal representa ve of a public-ins tu on legal person is elected in accordance with the provisions of laws, administra ve regula ons, or the legal person’s ar cles of associa on. Ar cle 90 A social organiza on established upon the common will of its members for a non-pro t purpose, such as public welfare or the common interest of all members, a ains the status of a social-organiza on legal person if it sa s es the requirements for being a legal person and is legally registered as such. Where the law does not require such a social organiza on to be registered, it a ains the status of a social-organiza on legal person from the date of its establishment. Ar cle 91 To establish a social-organiza on legal person, there shall be ar cles of associa on formulated in accordance with law. A social-organiza on legal person shall establish a governing body such as a members’ assembly or a mee ng of the members’ representa ves. A social-organiza on legal person shall establish an execu ve body such as a council. The chairman of the council, the president, or an individual with similar responsibili es shall, in accordance with the ar cles of associa on, act as the legal representa ve of the legal person. Ar cle 92 A founda on or a social service ins tu on established with donated property for the purpose of public welfare a ains the status of an endowed legal person if it meets the requirements for being a legal person and is legally registered as such. A site legally established to hold religious ac vi es may be registered as a legal person and a ains the status ti ti ti fi ti ti fi fi ti ti tt ti ti ti ti ti ti ti ti ti ti ti ff ti ti ti ti ti tt ti tt ti ti ti ti ti ti ti ti ti ti ti ti ti fi ti fi ti ti ti ti tt ti tt ti ti fi ti ti ti ti ti ti ti ti ti fi fi ti ffi fi ti ti ti fi tt ti ffi ti ti fi ti fi ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti 13

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