Patrimonial Property of the State is the property it owns but which is not devoted to public use, public services, or the development of the national wealth. It is wealth owned by the state in its private as distinguished from its public capacity.
Tuesday, October 18, 2011
Patrimonial Property
Article 421. All other
property of the State, which is not of the character stated in the
preceding
article, is patrimonial property.
Discussion:
Patrimonial Property of the State is the property it owns but which is not devoted to public use, public services, or the development of the national wealth. It is wealth owned by the state in its private as distinguished from its public capacity.
Patrimonial Property of the State is the property it owns but which is not devoted to public use, public services, or the development of the national wealth. It is wealth owned by the state in its private as distinguished from its public capacity.
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