Article 126. Responsibility for the obligations of the Russian Federation, the subject of the Russian Federation, the municipality.

1. The Russian Federation, a constituent entity of the Russian Federation, a municipality is liable for its obligations with property belonging to them under the right of ownership, except for property that is assigned to legal entities established by them on the right of economic management or operational management, as well as property that can only be in state or municipal property. Levying land and other natural resources in state or municipal ownership is permitted in cases provided for by law. 2. Legal entities created by the Russian Federation, subjects of the Russian Federation, municipalities, are not liable for their obligations. 3. The Russian Federation, constituent entities of the Russian Federation, municipalities are not liable for the obligations of the legal entities created by them, except as required by law. 4. The Russian Federation is not liable for the obligations of the constituent entities of the Russian Federation and municipalities. 5. Subjects of the Russian Federation, municipalities are not liable for the obligations of each other, as well as for the obligations of the Russian Federation. 6. The rules of paragraphs 2–5 of this article do not apply to cases where the Russian Federation accepted the guarantee (surety) for the obligations of a constituent entity of the Russian Federation, a municipality or legal entity, or the specified subjects accepted the guarantee (surety) for the obligations of the Russian Federation.

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References to other articles of chapter 5. Participation of the Russian Federation, subjects of the Russian Federation, municipal formations in relations regulated by civil legislation:
Article 124. The Russian Federation, subjects of the Russian Federation, municipalities - the subjects of civil law.
Article 125. The procedure for the participation of the Russian Federation, subjects of the Russian Federation, municipalities in relations governed by civil law.
Article 127. Features of the responsibility of the Russian Federation and the subjects of the Russian Federation in relations regulated by civil law, with the participation of foreign legal entities, citizens and states.