Law No XI-1087 of 4 November 2010 Amending Article 11 of the Enterprise Bankruptcy Law of the Republic of Lithuania (Valstybės Žinios (Official Gazette), No 137–6988).

      

      This Law amended Subparagraph 19 of Paragraph 3 of Article 11 of the Enterprise Bankruptcy Law stating that enterprise administrator following the procedure set by legal acts has the right to receive data on the activities performed by a bankrupt enterprise or enterprise undergoing bankruptcy, its current and former employees, assets possessed, etc. from the State Tax Inspectorate, State Social Insurance Fund administrating institutions, the Statistics Department of Lithuania, state enterprise Centre of Registers and other natural and legal persons including banks and other credit institutions, finance and insurance companies. The administrator is also entitled to receive copies of enterprise documents, submitted reports, information, inspection reports, etc. from the above persons. If the enterprise is an unlimited liability, the administrator has the right to gratuitously receive data from institutions that register property (securities) according to the established procedures about property (securities) registered in the name of its owner (s), from banks and other credit institutions and insurance companies – about received and receivable cash.

      

      The Law came into force on 23 November 2010.