Article 257. Property of a Peasant (Farm) Economy
1. The property of a peasant (farm) economy belongs to its members by the right of joint ownership, unless otherwise established by a law or by an agreement between them.
2. The members of a peasant (farm) farm are jointly owned or provided to this farm or acquired land, household and other buildings, land-improvement and other facilities, productive and working livestock, poultry, agricultural and other machinery and equipment, vehicles, inventory and other property acquired for the economy on the general means of its members.
3. Fruits, products and income derived from the activities of a peasant (farm) economy are common property of members of a peasant (farm) economy and are used by agreement between them.
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References to other articles of chapter 16. Shared ownership:
Article 244. The concept and grounds for the emergence of common property.
Article 245. Determination of shares in the right of shared ownership.
Article 246. Disposition of property in common ownership.
Article 247. Possession and use of property in common ownership.
Article 248. The fruits, products and income from the use of property in common ownership.
Article 249. Expenditures for the maintenance of property in common ownership.
Article 250. Preemptive right of purchase.
Article 251. The moment of transfer of a share in the right of common ownership to the acquirer under the contract.
Article 252. The division of property in common ownership and the separation from it of a share.
Article 253. Possession, use and disposal of jointly owned property.
Article 254. The division of jointly owned property and the separation of a share from it.
Article 255. Claim on share in common property.
Article 256. The common property of spouses.
Article 258. The division of property of a peasant (farm) economy.
Article 259. Property of an economic partnership or a peasant (farm) economy.