The legal status of endowments in the Republic of Serbia
An overview of the current normative framework and open questions in practice.
Introduction
Endowments occupy a distinct place in the legal and cultural order. This text maps the core institutes and points to places where practice remains uneven.
Normative framework
Relevant rules should be read with the historical context of founding and purpose. Special attention goes to asset management and oversight.
Conclusion
Without a clear understanding of purpose and sources, sustainable preservation is hard to discuss.
Sources
- Law on Endowments and Foundations (current version)