Supriani, Lalu Subardi, Hirsanuddin

Abstract:

The Foundation’s arrangements have undergone a very dynamic development from time to time. In Indonesia, the foundation is a social activity body consisting of individuals, the general public as well as indigenous peoples, which is the accumulation of mutual care for each other. Basically the Foundation has different goals and interests, some are engaged in social, religious, cultural, educational and even in the field of humanity in accordance with the objectives of each Foundation. While the initial goal of each foundation is almost the same that involves the social field.

With the issuance of Law Number 28 Year 2004 regarding Foundation, the government and the law makers intend to reopen the possibility of the old foundation that has not adjusted its articles of association with the Change of Foundation Act (Foundation which can no longer use the word “Foundation” in its name) adjustment of the articles of association to certain conditions. Thus, the foundation that was no longer able to make adjustments to the articles of association due to the lapse of the adjustment period is now again able to make adjustments.

Keywords: act, foundation, deed

Full Text: PDF